VanEck Morningstar Wide Moat ETF $MOAT Shares Sold by MCF Advisors LLC

MCF Advisors LLC reduced its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 40.5% during the 2nd quarter, Holdings Channel reports. The fund owned 49,362 shares of the company’s stock after selling 33,535 shares during the period. MCF Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,132,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Lotus Asset Management LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the second quarter valued at $551,000. Capital Analysts LLC grew its position in VanEck Morningstar Wide Moat ETF by 23.6% during the 2nd quarter. Capital Analysts LLC now owns 2,542 shares of the company’s stock worth $264,000 after purchasing an additional 485 shares during the period. Integrated Wealth Concepts LLC grew its position in VanEck Morningstar Wide Moat ETF by 16.9% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 288,074 shares of the company’s stock worth $29,948,000 after purchasing an additional 41,606 shares during the period. NewEdge Advisors LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 2.9% during the 2nd quarter. NewEdge Advisors LLC now owns 279,802 shares of the company’s stock valued at $29,088,000 after buying an additional 7,915 shares during the last quarter. Finally, IFP Advisors Inc raised its stake in shares of VanEck Morningstar Wide Moat ETF by 4.3% during the 2nd quarter. IFP Advisors Inc now owns 152,692 shares of the company’s stock valued at $15,874,000 after buying an additional 6,301 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 0.8%

Shares of MOAT stock opened at $108.96 on Thursday. VanEck Morningstar Wide Moat ETF has a 52-week low of $94.07 and a 52-week high of $115.58. The stock has a market cap of $14.71 billion, a PE ratio of 22.53 and a beta of 1.02. The business has a 50-day simple moving average of $109.83 and a 200-day simple moving average of $104.19.

About VanEck Morningstar Wide Moat ETF

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.