Apriem Advisors Raises Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Apriem Advisors increased its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 513,241 shares of the company’s stock after buying an additional 19,418 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up approximately 4.9% of Apriem Advisors’ investment portfolio, making the stock its 4th largest position. Apriem Advisors’ holdings in VanEck Morningstar Wide Moat ETF were worth $53,151,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. First Horizon Corp bought a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter worth $31,000. Empowered Funds LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter worth $32,000. Harbor Investment Advisory LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter worth $33,000. IAG Wealth Partners LLC increased its position in VanEck Morningstar Wide Moat ETF by 228.7% in the third quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock worth $37,000 after buying an additional 263 shares during the last quarter. Finally, Nemes Rush Group LLC increased its position in VanEck Morningstar Wide Moat ETF by 102.1% in the fourth quarter. Nemes Rush Group LLC now owns 380 shares of the company’s stock worth $39,000 after buying an additional 192 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

BATS:MOAT opened at $102.88 on Friday. The business has a fifty day simple moving average of $100.85 and a two-hundred day simple moving average of $102.78. VanEck Morningstar Wide Moat ETF has a 1 year low of $90.07 and a 1 year high of $108.10. The company has a market capitalization of $13.89 billion, a P/E ratio of 22.53 and a beta of 1.02.

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.