Focused Alpha LLC Makes New Investment in VanEck Morningstar SMID Moat ETF $SMOT

Focused Alpha LLC bought a new stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 152,659 shares of the company’s stock, valued at approximately $5,721,000. VanEck Morningstar SMID Moat ETF makes up approximately 1.4% of Focused Alpha LLC’s investment portfolio, making the stock its 19th largest holding. Focused Alpha LLC owned about 1.37% of VanEck Morningstar SMID Moat ETF as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Gradient Investments LLC lifted its holdings in VanEck Morningstar SMID Moat ETF by 4.1% during the 2nd quarter. Gradient Investments LLC now owns 905,457 shares of the company’s stock valued at $35,186,000 after purchasing an additional 35,422 shares during the last quarter. Bank of New Hampshire bought a new stake in VanEck Morningstar SMID Moat ETF during the third quarter worth about $3,060,000. Piedmont Capital Management LLC acquired a new stake in shares of VanEck Morningstar SMID Moat ETF during the second quarter worth approximately $2,141,000. Ascentis Independent Advisors bought a new stake in VanEck Morningstar SMID Moat ETF during the 1st quarter worth approximately $2,040,000. Finally, Stephens Inc. AR grew its position in VanEck Morningstar SMID Moat ETF by 4.4% during the 1st quarter. Stephens Inc. AR now owns 51,559 shares of the company’s stock worth $1,814,000 after acquiring an additional 2,191 shares during the last quarter.

VanEck Morningstar SMID Moat ETF Price Performance

SMOT stock opened at $38.96 on Tuesday. The business has a fifty day moving average price of $39.38 and a 200 day moving average price of $38.59. VanEck Morningstar SMID Moat ETF has a fifty-two week low of $34.25 and a fifty-two week high of $41.37. The stock has a market capitalization of $433.62 million, a price-to-earnings ratio of 17.96 and a beta of 1.28.

VanEck Morningstar SMID Moat ETF Company Profile

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations. SMOT was launched on Oct 4, 2022 and is managed by VanEck.