Woodmont Investment Counsel LLC Sells 152,933 Shares of VanEck Morningstar SMID Moat ETF $SMOT

Woodmont Investment Counsel LLC reduced its stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 87.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,706 shares of the company’s stock after selling 152,933 shares during the period. Woodmont Investment Counsel LLC’s holdings in VanEck Morningstar SMID Moat ETF were worth $819,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its position in VanEck Morningstar SMID Moat ETF by 116.5% during the third quarter. Geneos Wealth Management Inc. now owns 1,115 shares of the company’s stock valued at $40,000 after purchasing an additional 600 shares in the last quarter. Bank of New Hampshire acquired a new position in shares of VanEck Morningstar SMID Moat ETF in the 3rd quarter valued at about $148,000. Foundations Investment Advisors LLC acquired a new position in VanEck Morningstar SMID Moat ETF in the third quarter valued at approximately $244,000. NewEdge Advisors LLC acquired a new stake in shares of VanEck Morningstar SMID Moat ETF in the 2nd quarter valued at about $355,000. Finally, Tower Research Capital LLC TRC raised its stake in VanEck Morningstar SMID Moat ETF by 34.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 11,086 shares of the company’s stock worth $386,000 after buying an additional 2,843 shares during the period.

VanEck Morningstar SMID Moat ETF Price Performance

Shares of BATS SMOT opened at $36.96 on Tuesday. VanEck Morningstar SMID Moat ETF has a 1 year low of $27.93 and a 1 year high of $37.70. The company has a 50-day moving average price of $36.89 and a 200-day moving average price of $36.27. The stock has a market capitalization of $411.36 million, a P/E ratio of 17.96 and a beta of 1.28.

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. SMOT was launched on Oct 4, 2022 and is managed by VanEck.