VanEck Morningstar International Moat ETF (BATS:MOTI) Trading Down 1.1% – Time to Sell?

VanEck Morningstar International Moat ETF (BATS:MOTI)’s share price fell 1.1% during trading on Tuesday . The stock traded as low as $34.33 and last traded at $34.46. Approximately 10,416 shares changed hands during trading, a decline of 71% from the average session volume of 35,723 shares. The stock had previously closed at $34.84.

VanEck Morningstar International Moat ETF Stock Performance

The stock’s fifty day moving average is $34.15 and its two-hundred day moving average is $35.67. The firm has a market cap of $174.38 million, a price-to-earnings ratio of 19.33 and a beta of 0.74.

Institutional Investors Weigh In On VanEck Morningstar International Moat ETF

A number of hedge funds have recently made changes to their positions in the business. Royal Bank of Canada boosted its position in shares of VanEck Morningstar International Moat ETF by 0.6% during the first quarter. Royal Bank of Canada now owns 187,237 shares of the company’s stock worth $6,395,000 after buying an additional 1,159 shares during the period. Fifth Third Bancorp acquired a new stake in VanEck Morningstar International Moat ETF in the 1st quarter valued at approximately $173,000. Whipplewood Advisors LLC increased its position in VanEck Morningstar International Moat ETF by 2.7% in the 1st quarter. Whipplewood Advisors LLC now owns 31,113 shares of the company’s stock valued at $1,063,000 after acquiring an additional 821 shares during the period. Leelyn Smith LLC raised its stake in VanEck Morningstar International Moat ETF by 3.6% during the 1st quarter. Leelyn Smith LLC now owns 9,908 shares of the company’s stock valued at $338,000 after acquiring an additional 345 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in VanEck Morningstar International Moat ETF by 2.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 110,871 shares of the company’s stock valued at $3,786,000 after acquiring an additional 2,967 shares in the last quarter.

VanEck Morningstar International Moat ETF Company Profile

The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation. MOTI was launched on Jul 14, 2015 and is managed by VanEck.