VanEck Morningstar Wide Moat ETF (BATS:MOAT) Hits New 1-Year High – Here’s Why

VanEck Morningstar Wide Moat ETF (BATS:MOATGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $112.43 and last traded at $112.38, with a volume of 46041 shares changing hands. The stock had previously closed at $112.27.

VanEck Morningstar Wide Moat ETF Price Performance

The firm has a market capitalization of $15.21 billion, a PE ratio of 22.53 and a beta of 1.02. The company has a 50-day moving average price of $105.08 and a 200 day moving average price of $102.99.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in MOAT. Trust Co. of Vermont bought a new position in VanEck Morningstar Wide Moat ETF in the 2nd quarter worth approximately $28,000. Whitener Capital Management Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the second quarter worth $229,000. Wealthcare Advisory Partners LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 0.5% in the second quarter. Wealthcare Advisory Partners LLC now owns 220,424 shares of the company’s stock worth $22,915,000 after buying an additional 1,040 shares in the last quarter. Ferguson Shapiro LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 9.3% in the second quarter. Ferguson Shapiro LLC now owns 103,385 shares of the company’s stock worth $10,748,000 after buying an additional 8,771 shares in the last quarter. Finally, Whitaker Myers Wealth Managers LTD. boosted its position in shares of VanEck Morningstar Wide Moat ETF by 6.2% during the second quarter. Whitaker Myers Wealth Managers LTD. now owns 430,701 shares of the company’s stock worth $44,776,000 after acquiring an additional 25,230 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Company Profile

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

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