VanEck Morningstar Wide Moat ETF $MOAT Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. cut its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 24.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,984,526 shares of the company’s stock after selling 642,791 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises 4.2% of Mesirow Financial Investment Management Inc.’s portfolio, making the stock its 3rd biggest holding. Mesirow Financial Investment Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $205,520,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in MOAT. TD Waterhouse Canada Inc. acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at approximately $26,000. First Horizon Corp acquired a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $31,000. Harbor Investment Advisory LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $33,000. Paladin Advisory Group LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $34,000. Finally, IAG Wealth Partners LLC increased its position in VanEck Morningstar Wide Moat ETF by 228.7% during the 3rd quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock worth $37,000 after purchasing an additional 263 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT stock opened at $99.46 on Thursday. The company has a 50 day simple moving average of $99.58 and a 200 day simple moving average of $102.59. The stock has a market cap of $13.43 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1 year low of $87.68 and a 1 year high of $108.10.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.