VanEck Morningstar Wide Moat ETF (BATS:MOAT) Position Increased by Flagstar Advisors Inc.

Flagstar Advisors Inc. grew its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 138,748 shares of the company’s stock after purchasing an additional 6,076 shares during the period. VanEck Morningstar Wide Moat ETF makes up 3.4% of Flagstar Advisors Inc.’s holdings, making the stock its 4th biggest position. Flagstar Advisors Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $13,452,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in MOAT. O Shaughnessy Asset Management LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 196.4% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,082 shares of the company’s stock worth $97,000 after purchasing an additional 717 shares during the last quarter. Quadrature Capital Ltd acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the first quarter worth $1,324,000. Ancora Advisors LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 33.3% in the first quarter. Ancora Advisors LLC now owns 173,250 shares of the company’s stock worth $15,575,000 after acquiring an additional 43,234 shares during the last quarter. Sugar Maple Asset Management LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the first quarter valued at $5,420,000. Finally, Comerica Bank boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 12.9% during the first quarter. Comerica Bank now owns 51,372 shares of the company’s stock valued at $4,618,000 after acquiring an additional 5,852 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 1.1 %

Shares of MOAT stock opened at $97.43 on Friday. 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 has a fifty day moving average price of $96.05 and a 200-day moving average price of $91.61.

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.