JNBA Financial Advisors Makes New $561,000 Investment in VanEck Morningstar Global Wide Moat ETF $MOTG

JNBA Financial Advisors purchased a new position in shares of VanEck Morningstar Global Wide Moat ETF (BATS:MOTG) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,712 shares of the company’s stock, valued at approximately $561,000. JNBA Financial Advisors owned 3.68% of VanEck Morningstar Global Wide Moat ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC grew 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 valued at $1,390,000 after buying an additional 855 shares in the last quarter. Signature Estate & Investment Advisors LLC lifted its stake in VanEck Morningstar Global Wide Moat ETF by 17.4% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 151,599 shares of the company’s stock worth $5,877,000 after acquiring an additional 22,452 shares in the last quarter. GM Advisory Group LLC lifted its stake in VanEck Morningstar Global Wide Moat ETF by 61.4% during the 4th quarter. GM Advisory Group LLC now owns 14,517 shares of the company’s stock worth $563,000 after acquiring an additional 5,522 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new position in VanEck Morningstar Global Wide Moat ETF during the 2nd quarter valued at about $1,061,000.

VanEck Morningstar Global Wide Moat ETF Price Performance

BATS MOTG opened at $40.33 on Tuesday. The company has a market cap of $16.13 million, a P/E ratio of 21.93 and a beta of 0.88. The stock has a 50-day moving average of $39.65 and a two-hundred day moving average of $39.03. VanEck Morningstar Global Wide Moat ETF has a 1-year low of $35.86 and a 1-year high of $45.88.

About VanEck Morningstar Global Wide Moat ETF

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.