RiverFront Investment Group LLC Has $31.29 Million Stake in VanEck Morningstar International Moat ETF (BATS:MOTI)

RiverFront Investment Group LLC raised its stake in VanEck Morningstar International Moat ETF (BATS:MOTI) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,004,666 shares of the company’s stock after buying an additional 24,283 shares during the quarter. VanEck Morningstar International Moat ETF accounts for about 1.0% of RiverFront Investment Group LLC’s portfolio, making the stock its 29th largest position. RiverFront Investment Group LLC owned approximately 13.22% of VanEck Morningstar International Moat ETF worth $31,285,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. IFP Advisors Inc raised its position in shares of VanEck Morningstar International Moat ETF by 234.0% during the third quarter. IFP Advisors Inc now owns 1,570 shares of the company’s stock worth $47,000 after purchasing an additional 1,100 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in shares of VanEck Morningstar International Moat ETF by 19.3% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 14,059 shares of the company’s stock worth $419,000 after purchasing an additional 2,271 shares during the period. Raymond James & Associates raised its position in shares of VanEck Morningstar International Moat ETF by 1.2% during the third quarter. Raymond James & Associates now owns 802,038 shares of the company’s stock worth $23,929,000 after purchasing an additional 9,854 shares during the period. Source Financial Advisors LLC raised its position in shares of VanEck Morningstar International Moat ETF by 2.2% during the third quarter. Source Financial Advisors LLC now owns 29,829 shares of the company’s stock worth $890,000 after purchasing an additional 637 shares during the period. Finally, Leelyn Smith LLC raised its position in shares of VanEck Morningstar International Moat ETF by 9.8% during the third quarter. Leelyn Smith LLC now owns 7,696 shares of the company’s stock worth $230,000 after purchasing an additional 687 shares during the period.

VanEck Morningstar International Moat ETF Trading Up 1.1 %

Shares of BATS:MOTI traded up $0.35 during mid-day trading on Friday, reaching $31.19. 14,617 shares of the stock were exchanged. The company has a market capitalization of $219.89 million, a P/E ratio of 11.60 and a beta of 0.81. The business’s 50 day moving average price is $30.81 and its 200 day moving average price is $30.31.

About VanEck Morningstar International Moat ETF

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.