VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Acquired by Essex Financial Services Inc.

Essex Financial Services Inc. raised its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 48.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,355 shares of the company’s stock after purchasing an additional 9,622 shares during the quarter. Essex Financial Services Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,491,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. MONECO Advisors LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 4.4% in the 4th quarter. MONECO Advisors LLC now owns 3,502 shares of the company’s stock worth $297,000 after purchasing an additional 146 shares during the last quarter. Pekin Hardy Strauss Inc. increased its holdings in VanEck Morningstar Wide Moat ETF by 4.5% in the third quarter. Pekin Hardy Strauss Inc. now owns 3,695 shares of the company’s stock valued at $280,000 after buying an additional 160 shares during the last quarter. Brighton Jones LLC raised its stake in VanEck Morningstar Wide Moat ETF by 3.2% during the third quarter. Brighton Jones LLC now owns 5,671 shares of the company’s stock valued at $430,000 after buying an additional 177 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in VanEck Morningstar Wide Moat ETF by 7.2% during the 4th quarter. Valmark Advisers Inc. now owns 2,902 shares of the company’s stock worth $246,000 after buying an additional 194 shares during the last quarter. Finally, FAS Wealth Partners Inc. lifted its holdings in VanEck Morningstar Wide Moat ETF by 8.9% during the 3rd quarter. FAS Wealth Partners Inc. now owns 2,428 shares of the company’s stock worth $184,000 after buying an additional 198 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS:MOAT traded down $1.06 on Wednesday, reaching $85.43. 621,112 shares of the company’s stock were exchanged. The business has a fifty day simple moving average of $87.06 and a 200-day simple moving average of $82.96. The company has a market cap of $14.40 billion, a price-to-earnings ratio of 27.21 and a beta of 1.03.

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.