Financial Gravity Companies Inc. Buys New Stake in VanEck Morningstar Wide Moat ETF $MOAT

Financial Gravity Companies Inc. purchased a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,039 shares of the company’s stock, valued at approximately $97,000.

Other hedge funds also recently bought and sold shares of the company. Decker Retirement Planning Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter worth $27,000. N.E.W. Advisory Services LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $26,000. Garrison Bradford & Associates Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at about $26,000. Keystone Global Partners LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the second quarter worth about $28,000. Finally, Intelligent Financial Strategies purchased a new position in VanEck Morningstar Wide Moat ETF in the second quarter worth about $30,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS MOAT opened at $100.26 on Monday. VanEck Morningstar Wide Moat ETF has a 1-year low of $75.43 and a 1-year high of $99.41. The business’s 50 day moving average is $100.03 and its two-hundred day moving average is $96.13. The stock has a market capitalization of $13.54 billion, a P/E ratio of 22.53 and a beta of 1.02.

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.