VanEck Morningstar International Moat ETF (BATS:MOTI) Stock Price Down 1.9% – Should You Sell?

VanEck Morningstar International Moat ETF (BATS:MOTI) shares traded down 1.9% on Monday . The company traded as low as $36.47 and last traded at $36.55. Approximately 4,523 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 32,001 shares. The stock had previously closed at $37.24.

VanEck Morningstar International Moat ETF Trading Down 1.9%

The stock has a market cap of $188.23 million, a price-to-earnings ratio of 19.33 and a beta of 0.74. The company has a fifty day simple moving average of $34.82 and a 200-day simple moving average of $35.42.

Institutional Investors Weigh In On VanEck Morningstar International Moat ETF

A number of large investors have recently made changes to their positions in MOTI. Royal Bank of Canada grew its stake in VanEck Morningstar International Moat ETF by 3.1% during the 1st quarter. Royal Bank of Canada now owns 190,327 shares of the company’s stock valued at $6,333,000 after acquiring an additional 5,656 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of VanEck Morningstar International Moat ETF in the first quarter worth approximately $67,000. Jones Financial Companies Lllp acquired a new stake in shares of VanEck Morningstar International Moat ETF during the first quarter worth approximately $58,000. JPMorgan Chase & Co. boosted its holdings in shares of VanEck Morningstar International Moat ETF by 9.2% during the second quarter. JPMorgan Chase & Co. now owns 33,513 shares of the company’s stock worth $1,162,000 after purchasing an additional 2,812 shares during the period. Finally, Jane Street Group LLC grew its position in VanEck Morningstar International Moat ETF by 199.8% during the second 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 in the last quarter.

About VanEck Morningstar International Moat ETF

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.