Mengis Capital Management Inc. Buys 573 Shares of VanEck Morningstar International Moat ETF $MOTI

Mengis Capital Management Inc. lifted its holdings in shares of VanEck Morningstar International Moat ETF (BATS:MOTI) by 2.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,758 shares of the company’s stock after purchasing an additional 573 shares during the quarter. Mengis Capital Management Inc.’s holdings in VanEck Morningstar International Moat ETF were worth $858,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jones Financial Companies Lllp purchased a new position in shares of VanEck Morningstar International Moat ETF during the first quarter worth about $58,000. NewEdge Advisors LLC purchased a new position in shares of VanEck Morningstar International Moat ETF during the first quarter worth about $67,000. Comerica Bank grew its holdings in shares of VanEck Morningstar International Moat ETF by 8.0% during the first quarter. Comerica Bank now owns 5,471 shares of the company’s stock worth $182,000 after purchasing an additional 407 shares in the last quarter. Johnson Investment Counsel Inc. purchased a new position in shares of VanEck Morningstar International Moat ETF during the first quarter worth about $209,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of VanEck Morningstar International Moat ETF during the second quarter worth about $232,000.

VanEck Morningstar International Moat ETF Trading Up 9.2%

Shares of BATS MOTI opened at $38.04 on Friday. VanEck Morningstar International Moat ETF has a 12 month low of $29.17 and a 12 month high of $36.41. The firm has a market capitalization of $195.90 million, a price-to-earnings ratio of 19.33 and a beta of 0.74. The business has a 50-day moving average of $36.79 and a 200-day moving average of $34.92.

VanEck Morningstar International Moat ETF Profile

The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation.