Great Lakes Advisors LLC Grows Holdings in VanEck Morningstar SMID Moat ETF $SMOT

Great Lakes Advisors LLC raised its position in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 5.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,134,513 shares of the company’s stock after purchasing an additional 60,940 shares during the period. Great Lakes Advisors LLC owned 0.10% of VanEck Morningstar SMID Moat ETF worth $41,069,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SMOT. Bank of America Corp DE increased its holdings in VanEck Morningstar SMID Moat ETF by 18.7% in the second quarter. Bank of America Corp DE now owns 609,663 shares of the company’s stock valued at $21,216,000 after buying an additional 95,940 shares in the last quarter. Vise Technologies Inc. purchased a new position in VanEck Morningstar SMID Moat ETF in the fourth quarter valued at $1,306,000. Gradient Investments LLC increased its holdings in VanEck Morningstar SMID Moat ETF by 4.3% in the fourth quarter. Gradient Investments LLC now owns 822,960 shares of the company’s stock valued at $29,791,000 after buying an additional 34,296 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in VanEck Morningstar SMID Moat ETF in the first quarter valued at $921,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings 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 in the last quarter.

VanEck Morningstar SMID Moat ETF Stock Performance

SMOT opened at $38.40 on Friday. VanEck Morningstar SMID Moat ETF has a fifty-two week low of $33.34 and a fifty-two week high of $39.19. The company has a fifty day moving average of $37.21 and a two-hundred day moving average of $36.79. The stock has a market capitalization of $427.39 million, a price-to-earnings ratio of 17.96 and a beta of 1.28.

About VanEck Morningstar SMID Moat ETF

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.