Merkkuri Wealth Advisors LLC Acquires 5,081 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Merkkuri Wealth Advisors LLC acquired a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,081 shares of the company’s stock, valued at approximately $537,000.

Several other hedge funds have also recently bought and sold shares of MOAT. Trust Co. of Vermont bought a new position in VanEck Morningstar Wide Moat ETF during the second quarter valued at about $28,000. Pflug Koory LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $33,000. Headlands Technologies LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter worth about $40,000. Salomon & Ludwin LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $42,000. Finally, Godsey & Gibb Inc. acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at about $45,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS MOAT traded down $0.66 during mid-day trading on Friday, reaching $114.26. 322,856 shares of the company traded hands, compared to its average volume of 805,132. The stock has a market cap of $11.95 billion, a PE ratio of 22.24 and a beta of 0.97. The company’s fifty day moving average is $110.28 and its two-hundred day moving average is $105.55. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $94.07 and a fifty-two week high of $118.52.

VanEck Morningstar Wide Moat ETF Company 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.