Summit Financial LLC Acquires 253,751 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Summit Financial LLC boosted its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOATFree Report) by 4,808.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 259,028 shares of the company’s stock after acquiring an additional 253,751 shares during the quarter. Summit Financial LLC owned 0.18% of VanEck Morningstar Wide Moat ETF worth $22,795,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MOAT. Garrison Bradford & Associates Inc. bought a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at approximately $26,000. N.E.W. Advisory Services LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 1st quarter valued at $26,000. Financial Gravity Asset Management Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter valued at $29,000. Golden State Wealth Management LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 408 shares of the company’s stock valued at $36,000 after buying an additional 204 shares during the period. Finally, Vision Financial Markets LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter valued at $38,000.

VanEck Morningstar Wide Moat ETF Price Performance

BATS MOAT opened at $97.3560 on Thursday. The business’s fifty day moving average price is $95.68 and its 200-day moving average price is $90.90. The stock has a market capitalization of $13.14 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1-year low of $75.43 and a 1-year high of $99.41.

VanEck Morningstar Wide Moat ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for VanEck Morningstar Wide Moat ETF (BATS:MOAT)

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