Howard Financial Services LTD. Sells 9,401 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Howard Financial Services LTD. reduced its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 8.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 97,692 shares of the company’s stock after selling 9,401 shares during the period. VanEck Morningstar Wide Moat ETF comprises about 1.0% of Howard Financial Services LTD.’s investment portfolio, making the stock its 23rd biggest position. Howard Financial Services LTD. owned 0.07% of VanEck Morningstar Wide Moat ETF worth $10,156,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Swmg LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 1.3% in the fourth quarter. Swmg LLC now owns 7,926 shares of the company’s stock valued at $836,000 after acquiring an additional 103 shares during the last quarter. Russell Investments Group Ltd. grew its position in VanEck Morningstar Wide Moat ETF by 60.9% during the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after acquiring an additional 112 shares during the last quarter. Western Pacific Wealth Management LP increased its holdings in VanEck Morningstar Wide Moat ETF by 1.7% during the 4th quarter. Western Pacific Wealth Management LP now owns 6,983 shares of the company’s stock valued at $723,000 after purchasing an additional 116 shares in the last quarter. Warner Financial Inc. raised its position in VanEck Morningstar Wide Moat ETF by 1.2% in the 4th quarter. Warner Financial Inc. now owns 11,305 shares of the company’s stock valued at $1,171,000 after purchasing an additional 132 shares during the last quarter. Finally, Simplicity Wealth LLC raised its position in VanEck Morningstar Wide Moat ETF by 4.0% in the 4th quarter. Simplicity Wealth LLC now owns 3,458 shares of the company’s stock valued at $358,000 after purchasing an additional 133 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT stock opened at $111.20 on Wednesday. VanEck Morningstar Wide Moat ETF has a 52 week low of $94.07 and a 52 week high of $111.39. The stock has a market capitalization of $15.01 billion, a PE ratio of 22.53 and a beta of 1.02. The stock’s fifty day moving average is $104.57 and its 200-day moving average is $102.90.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.