VanEck Morningstar Wide Moat ETF (BATS:MOAT) Reaches New 52-Week High – What’s Next?

VanEck Morningstar Wide Moat ETF (BATS:MOAT – Get Free Report) shares hit a new 52-week high on Wednesday. The company traded as high as $117.38 and last traded at $117.4050, with a volume of 22,479 shares trading hands. The stock had previously closed at $114.16.

VanEck Morningstar Wide Moat ETF Trading Down 2.6%

The company’s 50 day moving average price is $110.30 and its 200-day moving average price is $105.51. The company has a market capitalization of $12.02 billion, a PE ratio of 22.24 and a beta of 0.97.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. BIP Wealth LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 2.2% in the 3rd quarter. BIP Wealth LLC now owns 7,052 shares of the company’s stock valued at $745,000 after buying an additional 149 shares during the period. RDA Financial Network raised its stake in VanEck Morningstar Wide Moat ETF by 0.4% during the second quarter. RDA Financial Network now owns 35,413 shares of the company’s stock worth $3,682,000 after acquiring an additional 150 shares during the period. Oak Barrel Wealth Advisory LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 3.4% in the third quarter. Oak Barrel Wealth Advisory LLC now owns 5,212 shares of the company’s stock worth $551,000 after acquiring an additional 169 shares during the last quarter. Trust Co. of Vermont bought a new position in VanEck Morningstar Wide Moat ETF in the second quarter worth about $28,000. Finally, Y.D. More Investments Ltd boosted its stake in VanEck Morningstar Wide Moat ETF by 62.2% in the first quarter. Y.D. More Investments Ltd now owns 730 shares of the company’s stock valued at $70,000 after acquiring an additional 280 shares during the period.

VanEck Morningstar Wide Moat ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for VanEck Morningstar Wide Moat ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Morningstar Wide Moat ETF and related companies with MarketBeat.com's FREE daily email newsletter.