Janney Montgomery Scott LLC Grows Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Janney Montgomery Scott LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 9.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 245,575 shares of the company’s stock after purchasing an additional 20,708 shares during the quarter. Janney Montgomery Scott LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $23,809,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of MOAT. Salomon & Ludwin LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 1st quarter valued at $36,000. 9258 Wealth Management LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 7.7% during the 1st quarter. 9258 Wealth Management LLC now owns 23,714 shares of the company’s stock worth $2,132,000 after purchasing an additional 1,697 shares during the period. DAVENPORT & Co LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 34.1% during the 1st quarter. DAVENPORT & Co LLC now owns 232,294 shares of the company’s stock worth $20,883,000 after purchasing an additional 59,100 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 1.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 335,344 shares of the company’s stock worth $30,147,000 after purchasing an additional 3,897 shares during the period. Finally, Davidson Capital Management Inc. boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 0.5% during the 1st quarter. Davidson Capital Management Inc. now owns 687,740 shares of the company’s stock worth $61,828,000 after purchasing an additional 3,083 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT stock opened at $94.95 on Tuesday. The business’s 50 day moving average price is $95.48 and its 200-day moving average price is $90.64. The stock has a market cap of $16.06 billion, a PE ratio of 28.30 and a beta of 1.01.

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.