VanEck Morningstar Wide Moat ETF (BATS:MOAT) Reaches New 12-Month High – Time to Buy?

VanEck Morningstar Wide Moat ETF (BATS:MOATGet Free Report) reached a new 52-week high on Monday . The stock traded as high as $109.99 and last traded at $109.81, with a volume of 114483 shares. The stock had previously closed at $108.08.

VanEck Morningstar Wide Moat ETF Trading Up 1.1%

The firm has a market capitalization of $14.76 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. The firm has a fifty day moving average price of $104.24 and a 200 day moving average price of $102.85.

Hedge Funds Weigh In On VanEck Morningstar Wide Moat ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. MBM Wealth Consultants LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the first quarter valued at $25,000. Mcguire Capital Advisors Inc. bought a new stake in VanEck Morningstar Wide Moat ETF during the 4th quarter worth about $29,000. Russell Investments Group Ltd. increased its position in VanEck Morningstar Wide Moat ETF by 60.9% in the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock valued at $31,000 after acquiring an additional 112 shares in the last quarter. First Horizon Corp acquired a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at about $31,000. Finally, Empowered Funds LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at about $32,000.

About VanEck Morningstar Wide Moat ETF

(Get Free Report)

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.

Further Reading

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