Principle Wealth Partners LLC Purchases 26,072 Shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Principle Wealth Partners LLC lifted its position in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 3.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 806,266 shares of the company’s stock after purchasing an additional 26,072 shares during the period. VanEck Morningstar SMID Moat ETF comprises 1.9% of Principle Wealth Partners LLC’s portfolio, making the stock its 10th largest position. Principle Wealth Partners LLC owned 6.98% of VanEck Morningstar SMID Moat ETF worth $26,437,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Private Trust Co. NA boosted its holdings in shares of VanEck Morningstar SMID Moat ETF by 353.8% in the 1st quarter. Private Trust Co. NA now owns 4,039 shares of the company’s stock valued at $132,000 after buying an additional 3,149 shares during the period. SageView Advisory Group LLC acquired a new position in shares of VanEck Morningstar SMID Moat ETF in the 4th quarter valued at about $226,000. Whitaker Myers Wealth Managers LTD. grew its position in shares of VanEck Morningstar SMID Moat ETF by 13.0% during the first quarter. Whitaker Myers Wealth Managers LTD. now owns 6,650 shares of the company’s stock worth $218,000 after acquiring an additional 763 shares during the last quarter. IFP Advisors Inc grew its position in shares of VanEck Morningstar SMID Moat ETF by 8.8% during the first quarter. IFP Advisors Inc now owns 6,867 shares of the company’s stock worth $225,000 after acquiring an additional 557 shares during the last quarter. Finally, Maridea Wealth Management LLC bought a new position in shares of VanEck Morningstar SMID Moat ETF during the fourth quarter worth about $323,000.

VanEck Morningstar SMID Moat ETF Trading Up 4.7%

SMOT traded up $1.64 on Thursday, reaching $36.37. The company had a trading volume of 603,442 shares, compared to its average volume of 87,519. The company has a fifty day moving average of $34.45 and a 200-day moving average of $33.90. The company has a market capitalization of $404.79 million, a P/E ratio of 17.96 and a beta of 1.28. VanEck Morningstar SMID Moat ETF has a one year low of $27.93 and a one year high of $37.70.

VanEck Morningstar SMID Moat ETF Profile

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.