IFP Advisors Inc Has $15.87 Million Holdings in VanEck Morningstar Wide Moat ETF $MOAT

IFP Advisors Inc raised its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 152,692 shares of the company’s stock after acquiring an additional 6,301 shares during the period. IFP Advisors Inc’s holdings in VanEck Morningstar Wide Moat ETF were worth $15,874,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 2.8% during the fourth quarter. LPL Financial LLC now owns 6,583,657 shares of the company’s stock worth $681,803,000 after purchasing an additional 180,972 shares during the period. Boulay Financial Advisors LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 0.6% in the 4th quarter. Boulay Financial Advisors LLC now owns 2,132,699 shares of the company’s stock valued at $220,862,000 after purchasing an additional 13,325 shares during the period. Royal Bank of Canada boosted its stake in VanEck Morningstar Wide Moat ETF by 10.8% in the 1st quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock valued at $80,630,000 after purchasing an additional 81,552 shares during the period. Verde Capital Management boosted its stake in VanEck Morningstar Wide Moat ETF by 5.1% in the 1st quarter. Verde Capital Management now owns 658,249 shares of the company’s stock valued at $63,653,000 after purchasing an additional 31,931 shares during the period. Finally, Sfmg LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 1.5% in the 4th quarter. Sfmg LLC now owns 640,814 shares of the company’s stock valued at $66,363,000 after buying an additional 9,698 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT stock opened at $109.89 on Wednesday. VanEck Morningstar Wide Moat ETF has a 52 week low of $94.07 and a 52 week high of $115.58. The company’s 50-day simple moving average is $109.76 and its 200 day simple moving average is $104.17. The company has a market capitalization of $14.84 billion, a PE ratio of 22.53 and a beta of 1.02.

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.