VestGen Advisors LLC Cuts Stock Position in VanEck Morningstar SMID Moat ETF $SMOT

VestGen Advisors LLC trimmed its position in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 81.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,012 shares of the company’s stock after selling 55,307 shares during the quarter. VestGen Advisors LLC’s holdings in VanEck Morningstar SMID Moat ETF were worth $453,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Cetera Investment Advisers grew its position in shares of VanEck Morningstar SMID Moat ETF by 6.7% in the 1st quarter. Cetera Investment Advisers now owns 89,193 shares of the company’s stock worth $2,925,000 after buying an additional 5,626 shares during the last quarter. AlphaCore Capital LLC acquired a new stake in VanEck Morningstar SMID Moat ETF in the first quarter valued at approximately $471,000. HighTower Advisors LLC boosted its stake in VanEck Morningstar SMID Moat ETF by 12.6% in the first quarter. HighTower Advisors LLC now owns 58,536 shares of the company’s stock valued at $1,919,000 after acquiring an additional 6,535 shares in the last quarter. Raymond James Financial Inc. grew its holdings in VanEck Morningstar SMID Moat ETF by 8.5% in the first quarter. Raymond James Financial Inc. now owns 265,327 shares of the company’s stock worth $8,700,000 after purchasing an additional 20,817 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its position in shares of VanEck Morningstar SMID Moat ETF by 4.5% during the first quarter. Kestra Advisory Services LLC now owns 150,570 shares of the company’s stock worth $4,937,000 after purchasing an additional 6,459 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Trading Down 1.5%

Shares of SMOT opened at $36.18 on Wednesday. The firm has a market cap of $402.64 million, a PE 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 stock has a fifty day moving average price of $35.89 and a 200-day moving average price of $35.45.

VanEck Morningstar SMID Moat ETF Company Profile

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.