VanEck Morningstar International Moat ETF (BATS:MOTI) Stock Price Up 1.5% – Still a Buy?

VanEck Morningstar International Moat ETF (BATS:MOTI) shares shot up 1.5% during mid-day trading on Monday . The stock traded as high as $33.25 and last traded at $33.24. Approximately 9,783 shares were traded during mid-day trading, a decline of 75% from the average session volume of 39,414 shares. The stock had previously closed at $32.76.

VanEck Morningstar International Moat ETF Trading Up 1.5%

The stock has a market cap of $171.19 million, a P/E ratio of 19.33 and a beta of 0.74. The firm has a 50-day simple moving average of $34.54 and a two-hundred day simple moving average of $36.00.

Institutional Investors Weigh In On VanEck Morningstar International Moat ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. RiverFront Investment Group LLC boosted its stake in shares of VanEck Morningstar International Moat ETF by 4.3% in the fourth quarter. RiverFront Investment Group LLC now owns 975,633 shares of the company’s stock valued at $35,786,000 after buying an additional 40,512 shares during the period. Turning Point Benefit Group Inc. lifted its holdings in shares of VanEck Morningstar International Moat ETF by 169.8% in the third quarter. Turning Point Benefit Group Inc. now owns 61,685 shares of the company’s stock worth $2,315,000 after acquiring an additional 38,824 shares during the last quarter. MCF Advisors LLC bought a new position in shares of VanEck Morningstar International Moat ETF in the fourth quarter worth about $1,226,000. LPL Financial LLC boosted its stake in shares of VanEck Morningstar International Moat ETF by 9.4% in the 4th quarter. LPL Financial LLC now owns 267,817 shares of the company’s stock valued at $9,824,000 after purchasing an additional 23,049 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of VanEck Morningstar International Moat ETF by 199.8% during the 2nd quarter. Jane Street Group LLC now owns 30,226 shares of the company’s stock valued at $1,048,000 after purchasing an additional 20,143 shares during the last quarter.

VanEck Morningstar International Moat ETF Company Profile

The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation. MOTI was launched on Jul 14, 2015 and is managed by VanEck.