Signature Estate & Investment Advisors LLC Acquires 22,452 Shares of VanEck Morningstar Global Wide Moat ETF $MOTG

Signature Estate & Investment Advisors LLC increased its holdings in VanEck Morningstar Global Wide Moat ETF (BATS:MOTG) by 17.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 151,599 shares of the company’s stock after acquiring an additional 22,452 shares during the period. Signature Estate & Investment Advisors LLC owned about 0.38% of VanEck Morningstar Global Wide Moat ETF worth $5,877,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Allworth Financial LP bought a new position in shares of VanEck Morningstar Global Wide Moat ETF in the third quarter valued at approximately $37,000. Jane Street Group LLC grew its holdings in VanEck Morningstar Global Wide Moat ETF by 2.7% during the second quarter. Jane Street Group LLC now owns 32,738 shares of the company’s stock valued at $1,390,000 after purchasing an additional 855 shares during the period. GM Advisory Group LLC grew its holdings in VanEck Morningstar Global Wide Moat ETF by 29.1% during the third quarter. GM Advisory Group LLC now owns 8,995 shares of the company’s stock valued at $405,000 after purchasing an additional 2,026 shares during the period. Finally, CM Wealth Advisors LLC bought a new position in VanEck Morningstar Global Wide Moat ETF during the third quarter valued at $303,000.

VanEck Morningstar Global Wide Moat ETF Trading Up 0.1%

Shares of BATS MOTG opened at $38.89 on Friday. The stock has a fifty day simple moving average of $38.24 and a two-hundred day simple moving average of $40.58. VanEck Morningstar Global Wide Moat ETF has a 1-year low of $35.86 and a 1-year high of $45.88. The firm has a market cap of $15.56 million, a price-to-earnings ratio of 21.93 and a beta of 0.88.

About VanEck Morningstar Global Wide Moat ETF

The VanEck Morningstar Global Wide Moat ETF (MOTG) is an exchange-traded fund that is based on the Morningstar Global Wide Moat Focus index. The fund tracks a staggered, equal-weighted index of companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage. MOTG was launched on Oct 30, 2021 and is managed by VanEck.