Great Valley Advisor Group Inc. Sells 1,572 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Great Valley Advisor Group Inc. trimmed its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,193 shares of the company’s stock after selling 1,572 shares during the period. Great Valley Advisor Group Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,540,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MOAT. O Shaughnessy Asset Management LLC increased its position in VanEck Morningstar Wide Moat ETF by 196.4% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,082 shares of the company’s stock valued at $97,000 after buying an additional 717 shares in the last quarter. Ancora Advisors LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 33.3% during the 1st quarter. Ancora Advisors LLC now owns 173,250 shares of the company’s stock valued at $15,575,000 after purchasing an additional 43,234 shares during the last quarter. Sugar Maple Asset Management LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $5,420,000. Comerica Bank boosted its stake in VanEck Morningstar Wide Moat ETF by 12.9% during the 1st quarter. Comerica Bank now owns 51,372 shares of the company’s stock valued at $4,618,000 after purchasing an additional 5,852 shares during the last quarter. Finally, XML Financial LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 155.8% during the 1st quarter. XML Financial LLC now owns 8,110 shares of the company’s stock valued at $729,000 after purchasing an additional 4,940 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT stock opened at $97.45 on Monday. The firm has a market cap of $16.48 billion, a P/E ratio of 28.30 and a beta of 1.01. The company’s 50-day moving average is $96.05 and its 200-day moving average is $91.67.

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.