Legacy Solutions LLC Decreases Position in VanEck Morningstar Wide Moat ETF $MOAT

Legacy Solutions LLC decreased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 70.1% during the 2nd quarter, Holdings Channel reports. The firm owned 14,040 shares of the company’s stock after selling 32,916 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises about 1.2% of Legacy Solutions LLC’s holdings, making the stock its 19th biggest position. Legacy Solutions LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,460,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in MOAT. Brighton Jones LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at about $528,000. AQR Capital Management LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 16.9% in the first quarter. AQR Capital Management LLC now owns 21,523 shares of the company’s stock valued at $1,894,000 after purchasing an additional 3,107 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the first quarter valued at about $1,068,000. Jane Street Group LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 125.3% in the first quarter. Jane Street Group LLC now owns 13,835 shares of the company’s stock valued at $1,217,000 after purchasing an additional 7,693 shares during the last quarter. Finally, First Trust Advisors LP grew its position in shares of VanEck Morningstar Wide Moat ETF by 15.0% in the second quarter. First Trust Advisors LP now owns 3,795 shares of the company’s stock valued at $356,000 after purchasing an additional 494 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT opened at $111.20 on Wednesday. The firm has a 50 day simple moving average of $104.57 and a 200-day simple moving average of $102.90. VanEck Morningstar Wide Moat ETF has a 1-year low of $94.07 and a 1-year high of $111.39. The stock has a market cap of $15.01 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02.

VanEck Morningstar Wide Moat ETF Company 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.