LexAurum Advisors LLC Has $613,000 Position in VanEck Morningstar Wide Moat ETF $MOAT

LexAurum Advisors LLC decreased its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 54.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,188 shares of the company’s stock after selling 7,472 shares during the quarter. LexAurum Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $613,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MOAT. Burt Wealth Advisors acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at $200,000. Collier Financial bought a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $50,000. Paladin Advisory Group LLC bought a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $34,000. Capital Investment Advisory Services LLC lifted its position in VanEck Morningstar Wide Moat ETF by 1.3% during the third quarter. Capital Investment Advisory Services LLC now owns 48,598 shares of the company’s stock worth $4,817,000 after acquiring an additional 620 shares during the last quarter. Finally, MONECO Advisors LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 293.5% during the third quarter. MONECO Advisors LLC now owns 12,800 shares of the company’s stock worth $1,269,000 after acquiring an additional 9,547 shares during the period.

VanEck Morningstar Wide Moat ETF Trading Up 0.2%

VanEck Morningstar Wide Moat ETF stock opened at $105.74 on Tuesday. The company has a market capitalization of $14.27 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 12 month low of $75.43 and a 12 month high of $108.10. The stock’s 50 day moving average is $105.40 and its 200-day moving average is $101.48.

VanEck Morningstar Wide Moat ETF Profile

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.