VanEck Morningstar Wide Moat ETF (BATS:MOAT) Short Interest Down 42.8% in June

VanEck Morningstar Wide Moat ETF (BATS:MOAT) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 95,637 shares, a drop of 42.8% from the June 15th total of 167,256 shares. Based on an average daily trading volume, of 799,354 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

VanEck Morningstar Wide Moat ETF Stock Up 1.4%

BATS:MOAT opened at $107.59 on Friday. The company has a market capitalization of $14.52 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 52-week low of $94.07 and a 52-week high of $108.10. The stock has a fifty day simple moving average of $102.97 and a 200-day simple moving average of $102.77.

Hedge Funds Weigh In On VanEck Morningstar Wide Moat ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Swmg LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.3% in the fourth quarter. Swmg LLC now owns 7,926 shares of the company’s stock valued at $836,000 after purchasing an additional 103 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 60.9% during the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after purchasing an additional 112 shares in the last quarter. Western Pacific Wealth Management LP raised its position in shares of VanEck Morningstar Wide Moat ETF by 1.7% during the 4th quarter. Western Pacific Wealth Management LP now owns 6,983 shares of the company’s stock worth $723,000 after purchasing an additional 116 shares during the last quarter. Sagespring Wealth Partners LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 3.4% during the 4th quarter. Sagespring Wealth Partners LLC now owns 3,597 shares of the company’s stock worth $372,000 after purchasing an additional 117 shares during the last quarter. Finally, Warner Financial Inc. lifted its stake in VanEck Morningstar Wide Moat ETF by 1.2% in the 4th quarter. Warner Financial Inc. now owns 11,305 shares of the company’s stock valued at $1,171,000 after buying an additional 132 shares in the last quarter.

About VanEck Morningstar Wide Moat ETF

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.