LexAurum Advisors LLC Sells 7,472 Shares of VanEck Morningstar Wide Moat ETF $MOAT

LexAurum Advisors LLC cut its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 54.7% during the 3rd quarter, Holdings Channel reports. The firm owned 6,188 shares of the company’s stock after selling 7,472 shares during the period. LexAurum Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $613,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MOAT. TD Waterhouse Canada Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF during the third quarter worth approximately $26,000. Decker Retirement Planning Inc. acquired a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at about $27,000. Intelligent Financial Strategies acquired a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at about $30,000. Atlantic Union Bankshares Corp bought a new stake in VanEck Morningstar Wide Moat ETF during the second quarter worth about $34,000. Finally, Paladin Advisory Group LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the third quarter worth about $34,000.

VanEck Morningstar Wide Moat ETF Trading Up 0.2%

Shares of BATS:MOAT opened at $105.74 on Tuesday. The firm has a 50 day moving average of $105.40 and a 200-day moving average of $101.48. VanEck Morningstar Wide Moat ETF has a 12 month low of $75.43 and a 12 month high of $108.10. The stock has a market capitalization of $14.27 billion, a PE ratio of 22.53 and a beta of 1.02.

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.