VanEck Morningstar SMID Moat ETF $SMOT Shares Sold by Gradient Investments LLC

Gradient Investments LLC lowered its position in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 30.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 925,609 shares of the company’s stock after selling 410,996 shares during the period. Gradient Investments LLC owned 8.32% of VanEck Morningstar SMID Moat ETF worth $34,687,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Great Lakes Advisors LLC raised its position in VanEck Morningstar SMID Moat ETF by 5.7% in the 4th quarter. Great Lakes Advisors LLC now owns 1,134,513 shares of the company’s stock valued at $41,069,000 after purchasing an additional 60,940 shares during the last quarter. Bank of New Hampshire bought a new position in shares of VanEck Morningstar SMID Moat ETF in the third quarter valued at about $3,060,000. Piedmont Capital Management LLC acquired a new position in VanEck Morningstar SMID Moat ETF during the 2nd quarter worth about $2,141,000. Ascentis Independent Advisors bought a new stake in VanEck Morningstar SMID Moat ETF during the 1st quarter worth about $2,040,000. Finally, Paladin Wealth LLC increased its position in VanEck Morningstar SMID Moat ETF by 10.1% in the 2nd quarter. Paladin Wealth LLC now owns 33,637 shares of the company’s stock valued at $1,307,000 after acquiring an additional 3,075 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Price Performance

Shares of SMOT stock traded up $0.14 during trading hours on Thursday, reaching $37.74. 15,478 shares of the company were exchanged, compared to its average volume of 32,227. VanEck Morningstar SMID Moat ETF has a fifty-two week low of $34.25 and a fifty-two week high of $41.37. The stock’s fifty day moving average is $39.68 and its two-hundred day moving average is $38.38. The company has a market cap of $420.05 million, a price-to-earnings ratio of 17.96 and a beta of 1.28.

VanEck Morningstar SMID Moat ETF Company Profile

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations. SMOT was launched on Oct 4, 2022 and is managed by VanEck.