Patton Albertson Miller Group LLC Cuts Stock Holdings in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Patton Albertson Miller Group LLC reduced its stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 0.9% during the third quarter, HoldingsChannel.com reports. The fund owned 43,284 shares of the company’s stock after selling 381 shares during the quarter. Patton Albertson Miller Group LLC’s holdings in VanEck Morningstar SMID Moat ETF were worth $1,516,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Gradient Investments LLC lifted its position in shares of VanEck Morningstar SMID Moat ETF by 34.7% in the second quarter. Gradient Investments LLC now owns 1,345,893 shares of the company’s stock worth $43,015,000 after buying an additional 346,346 shares in the last quarter. Brown Financial Advisors purchased a new stake in shares of VanEck Morningstar SMID Moat ETF during the 2nd quarter worth approximately $2,874,000. Mattson Financial Services LLC bought a new position in shares of VanEck Morningstar SMID Moat ETF during the 2nd quarter valued at approximately $1,594,000. Creekside Partners purchased a new position in shares of VanEck Morningstar SMID Moat ETF in the second quarter valued at $1,498,000. Finally, TPG Advisors LLC bought a new stake in VanEck Morningstar SMID Moat ETF in the second quarter worth $1,465,000.

VanEck Morningstar SMID Moat ETF Trading Up 1.8 %

VanEck Morningstar SMID Moat ETF stock opened at $37.49 on Tuesday. The stock has a market capitalization of $397.39 million, a P/E ratio of 16.99 and a beta of 1.10. The company’s 50-day simple moving average is $35.20 and its two-hundred day simple moving average is $33.50.

About VanEck Morningstar SMID Moat ETF

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations.