Sfmg LLC Purchases 9,698 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Sfmg LLC increased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 640,814 shares of the company’s stock after acquiring an additional 9,698 shares during the period. VanEck Morningstar Wide Moat ETF makes up 4.4% of Sfmg LLC’s portfolio, making the stock its 6th biggest position. Sfmg LLC owned approximately 0.47% of VanEck Morningstar Wide Moat ETF worth $66,363,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. TD Waterhouse Canada Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the third quarter valued at about $26,000. First Horizon Corp bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at about $31,000. Harbor Investment Advisory LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at about $33,000. Paladin Advisory Group LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the third quarter valued at about $34,000. Finally, IAG Wealth Partners LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 228.7% during the third quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock valued at $37,000 after purchasing an additional 263 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 0.8%

Shares of BATS MOAT opened at $103.72 on Friday. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $88.53 and a fifty-two week high of $108.10. The firm’s 50-day simple moving average is $99.58 and its 200 day simple moving average is $102.59. The stock has a market cap of $14.00 billion, a P/E 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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.