73,208 Shares in VanEck Morningstar Wide Moat Value ETF $MVAL Purchased by Nan Shan Life Insurance Co. Ltd.

Nan Shan Life Insurance Co. Ltd. bought a new stake in shares of VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 73,208 shares of the company’s stock, valued at approximately $2,675,000. Nan Shan Life Insurance Co. Ltd. owned 48.81% of VanEck Morningstar Wide Moat Value ETF at the end of the most recent quarter.

Separately, Headlands Technologies LLC bought a new position in VanEck Morningstar Wide Moat Value ETF in the 2nd quarter worth approximately $73,000.

VanEck Morningstar Wide Moat Value ETF Price Performance

Shares of MVAL opened at $38.80 on Wednesday. VanEck Morningstar Wide Moat Value ETF has a 1 year low of $33.53 and a 1 year high of $40.20. The company has a 50 day simple moving average of $38.18 and a two-hundred day simple moving average of $37.08. The firm has a market cap of $5.82 million, a P/E ratio of 18.54 and a beta of 0.76.

VanEck Morningstar Wide Moat Value ETF Profile

The VanEck Morningstar Wide Moat Value ETF (MVAL) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified equal-weighted index of 30 to 60 value-oriented US stocks that Morningstar determines to be attractively priced and have sustainable competitive advantages. MVAL was launched on Mar 26, 2024 and is issued by VanEck.