Farrell Financial LLC Buys New Position in VanEck Morningstar Wide Moat ETF $MOAT

Farrell Financial LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 44,340 shares of the company’s stock, valued at approximately $4,687,000. VanEck Morningstar Wide Moat ETF comprises 2.5% of Farrell Financial LLC’s investment portfolio, making the stock its 12th biggest holding.

A number of other institutional investors also recently modified their holdings of MOAT. Royal Bank of Canada grew its holdings in VanEck Morningstar Wide Moat ETF by 10.8% during the 1st quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock worth $80,630,000 after acquiring an additional 81,552 shares during the period. Verde Capital Management boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 5.1% during the 1st quarter. Verde Capital Management now owns 658,249 shares of the company’s stock worth $63,653,000 after buying an additional 31,931 shares in the last quarter. Kelman Lazarov Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 0.9% during the 1st quarter. Kelman Lazarov Inc. now owns 561,025 shares of the company’s stock worth $54,251,000 after buying an additional 5,005 shares during the period. Harbor Group Inc. acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $53,492,000. Finally, Leelyn Smith LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 4.1% in the first quarter. Leelyn Smith LLC now owns 511,612 shares of the company’s stock worth $49,473,000 after purchasing an additional 20,186 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT stock opened at $111.23 on Friday. VanEck Morningstar Wide Moat ETF has a 1 year low of $94.07 and a 1 year high of $115.58. The stock has a market capitalization of $15.02 billion, a PE ratio of 22.53 and a beta of 1.02. The company’s 50-day moving average is $110.49 and its 200-day moving average is $105.42.

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.