Victory Financial Group LLC Has $8.90 Million Position in VanEck Morningstar Wide Moat ETF $MOAT

Victory Financial Group LLC grew its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 249.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 94,836 shares of the company’s stock after purchasing an additional 67,669 shares during the period. VanEck Morningstar Wide Moat ETF comprises about 1.4% of Victory Financial Group LLC’s portfolio, making the stock its 18th largest position. Victory Financial Group LLC owned approximately 0.07% of VanEck Morningstar Wide Moat ETF worth $8,895,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at $528,000. XTX Topco Ltd bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the first quarter worth about $492,000. Natixis Advisors LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $938,000. PNC Financial Services Group Inc. lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 10.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 27,806 shares of the company’s stock valued at $2,447,000 after purchasing an additional 2,647 shares in the last quarter. Finally, Chicago Partners Investment Group LLC bought a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter worth about $1,476,000.

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $105.20 on Friday. VanEck Morningstar Wide Moat ETF has a 52 week low of $75.43 and a 52 week high of $99.41. The stock has a market capitalization of $14.20 billion, a P/E ratio of 22.53 and a beta of 1.02. The stock has a 50-day simple moving average of $101.12 and a 200 day simple moving average of $97.41.

VanEck Morningstar Wide Moat ETF Company Profile

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.