Signature Estate & Investment Advisors LLC Cuts Stake in VanEck Morningstar International Moat ETF $MOTI

Signature Estate & Investment Advisors LLC lowered its stake in shares of VanEck Morningstar International Moat ETF (BATS:MOTI) by 14.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,671 shares of the company’s stock after selling 2,761 shares during the period. Signature Estate & Investment Advisors LLC owned about 0.32% of VanEck Morningstar International Moat ETF worth $555,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of MOTI. Cambridge Investment Research Advisors Inc. increased its stake in shares of VanEck Morningstar International Moat ETF by 565.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 122,420 shares of the company’s stock worth $4,074,000 after purchasing an additional 104,013 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of VanEck Morningstar International Moat ETF during the fourth quarter worth about $1,141,000. Sowell Financial Services LLC purchased a new stake in shares of VanEck Morningstar International Moat ETF during the first quarter worth about $265,000. HighTower Advisors LLC purchased a new stake in shares of VanEck Morningstar International Moat ETF during the first quarter worth about $239,000. Finally, LPL Financial LLC increased its stake in shares of VanEck Morningstar International Moat ETF by 3.5% during the first quarter. LPL Financial LLC now owns 209,425 shares of the company’s stock worth $6,969,000 after purchasing an additional 6,989 shares in the last quarter.

VanEck Morningstar International Moat ETF Stock Up 7.0%

MOTI stock opened at $37.30 on Wednesday. The stock has a market capitalization of $192.10 million, a P/E ratio of 19.33 and a beta of 0.74. The firm has a 50-day simple moving average of $35.70 and a 200-day simple moving average of $34.40. VanEck Morningstar International Moat ETF has a 52 week low of $29.17 and a 52 week high of $36.41.

VanEck Morningstar International Moat ETF Company Profile

The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation.