VanEck Morningstar Wide Moat ETF (BATS:MOAT) Hits New 1-Year High – What’s Next?

VanEck Morningstar Wide Moat ETF (BATS:MOAT) shares hit a new 52-week high during trading on Monday . The stock traded as high as $112.43 and last traded at $112.38, with a volume of 46041 shares traded. The stock had previously closed at $112.27.

VanEck Morningstar Wide Moat ETF Stock Up 0.0%

The firm’s 50-day moving average price is $105.43 and its two-hundred day moving average price is $103.09. The firm has a market capitalization of $15.26 billion, a PE ratio of 22.53 and a beta of 1.02.

Hedge Funds Weigh In On VanEck Morningstar Wide Moat ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Swmg LLC raised its stake in VanEck Morningstar Wide Moat ETF by 1.3% during the fourth quarter. Swmg LLC now owns 7,926 shares of the company’s stock worth $836,000 after acquiring an additional 103 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 60.9% during the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock valued at $31,000 after purchasing an additional 112 shares during the last quarter. Western Pacific Wealth Management LP increased its position in VanEck Morningstar Wide Moat ETF by 1.7% during the 4th quarter. Western Pacific Wealth Management LP now owns 6,983 shares of the company’s stock worth $723,000 after purchasing an additional 116 shares in the last quarter. Simplicity Wealth LLC increased its position in VanEck Morningstar Wide Moat ETF by 4.0% during the 4th quarter. Simplicity Wealth LLC now owns 3,458 shares of the company’s stock worth $358,000 after purchasing an additional 133 shares in the last quarter. Finally, RDA Financial Network lifted its stake in VanEck Morningstar Wide Moat ETF by 0.4% in the 2nd quarter. RDA Financial Network now owns 35,413 shares of the company’s stock valued at $3,682,000 after purchasing an additional 150 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Company Profile

The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage. MOAT was launched on Apr 25, 2012 and is managed by VanEck.