Summit Asset Management LLC Has $34.13 Million Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Summit Asset Management LLC grew its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 352,020 shares of the company’s stock after purchasing an additional 17,935 shares during the period. VanEck Morningstar Wide Moat ETF makes up about 6.4% of Summit Asset Management LLC’s holdings, making the stock its 3rd biggest position. Summit Asset Management LLC owned about 0.21% of VanEck Morningstar Wide Moat ETF worth $34,128,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of MOAT. Thurston Springer Miller Herd & Titak Inc. purchased a new position in VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at about $26,000. Mather Group LLC. bought a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $32,000. Pinnacle Financial Partners Inc lifted its stake in VanEck Morningstar Wide Moat ETF by 81.1% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares in the last quarter. Fairman Group LLC bought a new position in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $41,000. Finally, Clearstead Trust LLC bought a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at $45,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.0 %

VanEck Morningstar Wide Moat ETF stock opened at $97.38 on Thursday. The company has a market capitalization of $16.47 billion, a PE ratio of 28.30 and a beta of 1.01. The stock has a fifty day moving average price of $95.74 and a two-hundred day moving average price of $91.12.

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.