Mirae Asset Global Investments Co. Ltd. bought a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 53,900 shares of the company’s stock, valued at approximately $5,698,000.
Other large investors have also recently added to or reduced their stakes in the company. Harbor Group Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $53,492,000. James J. Burns & Company LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth approximately $21,287,000. Beaumont Asset Management L.L.C. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth approximately $18,995,000. Absolute Gestao de Investimentos Ltda. acquired a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $18,566,000. Finally, Robertson Stephens Wealth Management LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $14,065,000.
VanEck Morningstar Wide Moat ETF Price Performance
MOAT opened at $114.92 on Friday. The business has a fifty day simple moving average of $110.30 and a 200 day simple moving average of $105.51. The company has a market capitalization of $12.02 billion, a PE ratio of 22.24 and a beta of 0.97. VanEck Morningstar Wide Moat ETF has a 1 year low of $94.07 and a 1 year high of $118.52.
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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.
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Want to see what other hedge funds are holding MOAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report).
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