VanEck Morningstar Wide Moat ETF $MOAT Shares Purchased by Mengis Capital Management Inc.

Mengis Capital Management Inc. boosted its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 10.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 64,323 shares of the company’s stock after acquiring an additional 5,878 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises about 1.2% of Mengis Capital Management Inc.’s portfolio, making the stock its 21st largest position. Mengis Capital Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $6,661,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at approximately $528,000. AQR Capital Management LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 16.9% in the first quarter. AQR Capital Management LLC now owns 21,523 shares of the company’s stock worth $1,894,000 after acquiring an additional 3,107 shares during the period. Goldman Sachs Group Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the first quarter worth $1,068,000. Jane Street Group LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 125.3% during the first quarter. Jane Street Group LLC now owns 13,835 shares of the company’s stock worth $1,217,000 after purchasing an additional 7,693 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in VanEck Morningstar Wide Moat ETF by 15.0% during the second quarter. First Trust Advisors LP now owns 3,795 shares of the company’s stock valued at $356,000 after purchasing an additional 494 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS:MOAT opened at $102.12 on Friday. The firm’s fifty day moving average is $101.41 and its two-hundred day moving average is $102.78. The firm has a market cap of $13.79 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a one year low of $90.07 and a one year high of $108.10.

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.