Kestra Advisory Services LLC Reduces Holdings in VanEck Morningstar SMID Moat ETF $SMOT

Kestra Advisory Services LLC lowered its position in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 58.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,597 shares of the company’s stock after selling 25,980 shares during the period. Kestra Advisory Services LLC owned about 0.17% of VanEck Morningstar SMID Moat ETF worth $654,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vise Technologies Inc. purchased a new position in VanEck Morningstar SMID Moat ETF during the 4th quarter worth approximately $1,306,000. Great Lakes Advisors LLC lifted its stake in VanEck Morningstar SMID Moat ETF by 5.7% in the fourth quarter. Great Lakes Advisors LLC now owns 1,134,513 shares of the company’s stock valued at $41,069,000 after buying an additional 60,940 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in VanEck Morningstar SMID Moat ETF by 39.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 93,442 shares of the company’s stock valued at $3,500,000 after buying an additional 26,545 shares during the last quarter. Bank of New Hampshire lifted its stake in VanEck Morningstar SMID Moat ETF by 484.3% in the fourth quarter. Bank of New Hampshire now owns 23,926 shares of the company’s stock valued at $866,000 after buying an additional 19,831 shares during the last quarter. Finally, Pursue Wealth Partners LLC boosted its holdings in shares of VanEck Morningstar SMID Moat ETF by 93.7% in the fourth quarter. Pursue Wealth Partners LLC now owns 44,601 shares of the company’s stock valued at $1,615,000 after acquiring an additional 21,579 shares during the period.

VanEck Morningstar SMID Moat ETF Trading Up 0.9%

Shares of SMOT opened at $39.10 on Friday. The firm has a market cap of $435.18 million, a PE ratio of 17.96 and a beta of 1.28. The company’s 50 day simple moving average is $38.58 and its 200-day simple moving average is $37.31. VanEck Morningstar SMID Moat ETF has a 12-month low of $34.25 and a 12-month high of $39.83.

VanEck Morningstar SMID Moat ETF 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.