VanEck Morningstar SMID Moat ETF (BATS:SMOT – Get Free Report)’s stock price was down 0.1% during trading on Thursday. The company traded as low as $37.12 and last traded at $37.45. 26,765 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 32,414 shares. The stock had previously closed at $37.47.
VanEck Morningstar SMID Moat ETF Stock Up 0.5%
The company has a market capitalization of $418.93 million, a P/E ratio of 17.96 and a beta of 1.28. The business has a 50 day moving average of $39.82 and a 200 day moving average of $38.30.
Hedge Funds Weigh In On VanEck Morningstar SMID Moat ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SMOT. Great Lakes Advisors LLC increased its holdings in VanEck Morningstar SMID Moat ETF by 5.7% in the 4th quarter. Great Lakes Advisors LLC now owns 1,134,513 shares of the company’s stock worth $41,069,000 after buying an additional 60,940 shares during the period. Ascentis Independent Advisors purchased a new position in VanEck Morningstar SMID Moat ETF during the 1st quarter worth approximately $2,040,000. Piedmont Capital Management LLC acquired a new stake in VanEck Morningstar SMID Moat ETF during the 2nd quarter valued at approximately $2,141,000. Vise Technologies Inc. acquired a new stake in VanEck Morningstar SMID Moat ETF during the 4th quarter valued at approximately $1,306,000. Finally, Gradient Investments LLC boosted its holdings in shares of VanEck Morningstar SMID Moat ETF by 4.1% in the 2nd quarter. Gradient Investments LLC now owns 905,457 shares of the company’s stock valued at $35,186,000 after acquiring an additional 35,422 shares during the last quarter.
VanEck Morningstar SMID Moat ETF Company Profile
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.
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