Signature Estate & Investment Advisors LLC Has $5.88 Million Stock Position in VanEck Morningstar Global Wide Moat ETF $MOTG

Signature Estate & Investment Advisors LLC increased its position in shares of VanEck Morningstar Global Wide Moat ETF (BATS:MOTG) by 17.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 151,599 shares of the company’s stock after buying an additional 22,452 shares during the quarter. Signature Estate & Investment Advisors LLC owned about 37.90% of VanEck Morningstar Global Wide Moat ETF worth $5,877,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. CM Wealth Advisors LLC purchased a new stake in shares of VanEck Morningstar Global Wide Moat ETF in the third quarter worth approximately $303,000. GM Advisory Group LLC raised its stake in shares of VanEck Morningstar Global Wide Moat ETF by 29.1% in the third quarter. GM Advisory Group LLC now owns 8,995 shares of the company’s stock worth $405,000 after purchasing an additional 2,026 shares during the last quarter. Jane Street Group LLC raised its stake in shares of VanEck Morningstar Global Wide Moat ETF by 2.7% in the second quarter. Jane Street Group LLC now owns 32,738 shares of the company’s stock worth $1,390,000 after purchasing an additional 855 shares during the last quarter. Finally, Allworth Financial LP purchased a new stake in shares of VanEck Morningstar Global Wide Moat ETF in the third quarter worth approximately $37,000.

VanEck Morningstar Global Wide Moat ETF Stock Up 0.1%

Shares of VanEck Morningstar Global Wide Moat ETF stock opened at $38.89 on Friday. The company has a market cap of $15.56 million, a PE ratio of 21.93 and a beta of 0.88. VanEck Morningstar Global Wide Moat ETF has a 52 week low of $35.86 and a 52 week high of $45.88. The business has a 50 day moving average price of $38.24 and a 200-day moving average price of $40.58.

VanEck Morningstar Global Wide Moat ETF Profile

The VanEck Morningstar Global Wide Moat ETF (MOTG) is an exchange-traded fund that is based on the Morningstar Global Wide Moat Focus index. The fund tracks a staggered, equal-weighted index of companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage. MOTG was launched on Oct 30, 2021 and is managed by VanEck.