Farrell Financial LLC Buys New Position in VanEck Morningstar Wide Moat ETF $MOAT

Farrell Financial LLC acquired a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 44,340 shares of the company’s stock, valued at approximately $4,687,000. VanEck Morningstar Wide Moat ETF makes up about 2.5% of Farrell Financial LLC’s investment portfolio, making the stock its 12th largest position.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Royal Bank of Canada boosted its position in VanEck Morningstar Wide Moat ETF by 10.8% in the first quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock worth $80,630,000 after purchasing an additional 81,552 shares during the last quarter. Verde Capital Management increased its position in shares of VanEck Morningstar Wide Moat ETF by 5.1% during the 1st quarter. Verde Capital Management now owns 658,249 shares of the company’s stock valued at $63,653,000 after purchasing an additional 31,931 shares during the last quarter. Kelman Lazarov Inc. increased its position in shares of VanEck Morningstar Wide Moat ETF by 0.9% during the 1st quarter. Kelman Lazarov Inc. now owns 561,025 shares of the company’s stock valued at $54,251,000 after purchasing an additional 5,005 shares during the last quarter. Leelyn Smith LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 4.1% during the 1st quarter. Leelyn Smith LLC now owns 511,612 shares of the company’s stock valued at $49,473,000 after purchasing an additional 20,186 shares during the last quarter. Finally, Harbor Group Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter worth about $53,492,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT stock opened at $111.23 on Friday. The firm has a market cap of $15.02 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 52 week low of $94.07 and a 52 week high of $115.58. The firm’s 50-day simple moving average is $110.49 and its two-hundred day simple moving average is $105.42.

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.