Napier Financial LLC Makes New $12.81 Million Investment in VanEck Morningstar Wide Moat ETF $MOAT

Napier Financial LLC bought a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 123,650 shares of the company’s stock, valued at approximately $12,805,000. VanEck Morningstar Wide Moat ETF accounts for 3.2% of Napier Financial LLC’s holdings, making the stock its 10th biggest holding.

Other hedge funds have also recently made changes to their positions in the company. First Horizon Corp purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth $31,000. Harbor Investment Advisory LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth $33,000. IAG Wealth Partners LLC lifted its stake in shares of 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 during the last quarter. Nemes Rush Group LLC lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 102.1% during the 4th quarter. Nemes Rush Group LLC now owns 380 shares of the company’s stock worth $39,000 after purchasing an additional 192 shares during the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth $46,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS MOAT opened at $102.05 on Monday. The stock has a market capitalization of $13.78 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1-year low of $90.07 and a 1-year high of $108.10. The business has a fifty day moving average price of $100.20 and a 200 day moving average price of $102.70.

VanEck Morningstar Wide Moat ETF 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.