Tactive Advisors LLC Makes New $3.19 Million Investment in VanEck Morningstar Wide Moat ETF $MOAT

Tactive Advisors LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 3rd quarter, HoldingsChannel reports. The firm bought 30,164 shares of the company’s stock, valued at approximately $3,189,000.

A number of other hedge funds have also modified their holdings of the company. Financial Solutions Advisory Group Inc. acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at $10,762,000. Tompkins Financial Corp acquired a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $3,623,000. Money Concepts Capital Corp purchased a new position in VanEck Morningstar Wide Moat ETF in the first quarter worth $3,818,000. Lotus Asset Management LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at about $551,000. Finally, Winebrenner Capital Management LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at approximately $1,242,000.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT stock traded up $0.30 on Thursday, reaching $107.96. The company had a trading volume of 159,017 shares, compared to its average volume of 845,064. The company has a market cap of $14.57 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1 year low of $94.07 and a 1 year high of $115.58. The company’s fifty day moving average is $110.54 and its 200 day moving average is $104.87.

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