TRUE Private Wealth Advisors Has $3.06 Million Stake in VanEck Morningstar SMID Moat ETF $SMOT

TRUE Private Wealth Advisors reduced its holdings in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 2.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 87,833 shares of the company’s stock after selling 2,329 shares during the quarter. TRUE Private Wealth Advisors’ holdings in VanEck Morningstar SMID Moat ETF were worth $3,057,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. IFP Advisors Inc grew its position in shares of VanEck Morningstar SMID Moat ETF by 8.8% in the 1st quarter. IFP Advisors Inc now owns 6,867 shares of the company’s stock valued at $225,000 after purchasing an additional 557 shares during the period. Whitaker Myers Wealth Managers LTD. raised its holdings in VanEck Morningstar SMID Moat ETF by 8.7% during the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 7,230 shares of the company’s stock worth $252,000 after buying an additional 580 shares during the period. Calton & Associates Inc. bought a new position in VanEck Morningstar SMID Moat ETF in the first quarter valued at approximately $288,000. Fermata Advisors LLC acquired a new position in shares of VanEck Morningstar SMID Moat ETF in the second quarter valued at approximately $298,000. Finally, Comerica Bank boosted its holdings in shares of VanEck Morningstar SMID Moat ETF by 2,090.6% in the first quarter. Comerica Bank now owns 10,953 shares of the company’s stock valued at $359,000 after buying an additional 10,453 shares during the period.

VanEck Morningstar SMID Moat ETF Stock Down 4.8%

Shares of SMOT stock opened at $34.96 on Wednesday. The company has a market capitalization of $389.09 million, a price-to-earnings ratio of 17.96 and a beta of 1.28. VanEck Morningstar SMID Moat ETF has a 12-month low of $27.93 and a 12-month high of $37.70. The firm has a fifty day moving average of $36.01 and a 200-day moving average of $35.27.

About VanEck Morningstar SMID Moat ETF

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.