Cetera Investment Advisers Sells 194,473 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Cetera Investment Advisers lessened its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 24.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 612,177 shares of the company’s stock after selling 194,473 shares during the period. Cetera Investment Advisers owned about 0.45% of VanEck Morningstar Wide Moat ETF worth $57,416,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. QRG Capital Management Inc. lifted its position in VanEck Morningstar Wide Moat ETF by 10.8% during the second quarter. QRG Capital Management Inc. now owns 3,467 shares of the company’s stock valued at $325,000 after buying an additional 339 shares during the period. Summit Asset Management LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 1.6% in the 1st quarter. Summit Asset Management LLC now owns 372,994 shares of the company’s stock worth $32,823,000 after buying an additional 5,834 shares during the period. Harbour Investments Inc. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 32.8% in the 1st quarter. Harbour Investments Inc. now owns 22,401 shares of the company’s stock worth $1,971,000 after acquiring an additional 5,535 shares in the last quarter. Flputnam Investment Management Co. purchased a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $3,997,000. Finally, Jones Financial Companies Lllp boosted its stake in VanEck Morningstar Wide Moat ETF by 29.6% during the first quarter. Jones Financial Companies Lllp now owns 882,771 shares of the company’s stock worth $77,410,000 after acquiring an additional 201,826 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT opened at $100.26 on Friday. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $75.43 and a fifty-two week high of $99.41. The firm’s 50-day simple moving average is $100.03 and its two-hundred day simple moving average is $96.06. The stock has a market cap of $13.54 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.