Piedmont Capital Management LLC Buys Shares of 55,100 VanEck Morningstar SMID Moat ETF $SMOT

Piedmont Capital Management LLC bought a new position in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 55,100 shares of the company’s stock, valued at approximately $2,141,000. VanEck Morningstar SMID Moat ETF comprises about 1.1% of Piedmont Capital Management LLC’s holdings, making the stock its 15th biggest position. Piedmont Capital Management LLC owned approximately 0.50% of VanEck Morningstar SMID Moat ETF as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SMOT. 1620 Investment Advisors Inc. lifted its stake in shares of VanEck Morningstar SMID Moat ETF by 67.0% in the 4th quarter. 1620 Investment Advisors Inc. now owns 835 shares of the company’s stock valued at $30,000 after acquiring an additional 335 shares during the last quarter. Arax Advisory Partners bought a new stake in VanEck Morningstar SMID Moat ETF during the 4th quarter worth $50,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in VanEck Morningstar SMID Moat ETF during the 4th quarter worth $73,000. Western Wealth Management LLC acquired a new position in VanEck Morningstar SMID Moat ETF in the 1st quarter worth about $82,000. Finally, Soundwatch Capital LLC increased its holdings in VanEck Morningstar SMID Moat ETF by 5.1% in the 4th quarter. Soundwatch Capital LLC now owns 7,754 shares of the company’s stock worth $281,000 after purchasing an additional 379 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Trading Down 0.5%

VanEck Morningstar SMID Moat ETF stock opened at $40.60 on Tuesday. The stock has a 50-day moving average price of $39.89 and a two-hundred day moving average price of $37.93. VanEck Morningstar SMID Moat ETF has a 12 month low of $34.25 and a 12 month high of $41.37. The company has a market capitalization of $451.88 million, a PE ratio of 17.96 and a beta of 1.28.

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. SMOT was launched on Oct 4, 2022 and is managed by VanEck.