VanEck Morningstar Wide Moat ETF $MOAT Shares Sold by MAI Capital Management

MAI Capital Management decreased its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 7.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 189,078 shares of the company’s stock after selling 15,105 shares during the quarter. MAI Capital Management’s holdings in VanEck Morningstar Wide Moat ETF were worth $17,734,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $97,000. Collaborative Wealth Managment Inc. increased its position in VanEck Morningstar Wide Moat ETF by 0.9% during the 2nd quarter. Collaborative Wealth Managment Inc. now owns 34,774 shares of the company’s stock worth $3,261,000 after purchasing an additional 317 shares during the period. Foundations Investment Advisors LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 19.1% during the 2nd quarter. Foundations Investment Advisors LLC now owns 56,045 shares of the company’s stock worth $5,256,000 after buying an additional 8,974 shares in the last quarter. Jacksonville Wealth Management LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 5.4% in the 2nd quarter. Jacksonville Wealth Management LLC now owns 27,942 shares of the company’s stock valued at $2,621,000 after buying an additional 1,434 shares during the period. Finally, L & S Advisors Inc boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 22.6% in the second quarter. L & S Advisors Inc now owns 23,652 shares of the company’s stock valued at $2,218,000 after buying an additional 4,361 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS:MOAT opened at $100.20 on Friday. VanEck Morningstar Wide Moat ETF has a 1 year low of $75.43 and a 1 year high of $99.41. The stock has a fifty day moving average price of $100.12 and a two-hundred day moving average price of $96.43. The stock has a market capitalization of $13.53 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02.

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.