VanEck Morningstar Wide Moat ETF $MOAT Shares Sold by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC reduced its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 76.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 5,910 shares of the company’s stock after selling 18,693 shares during the period. Kraft Davis & Associates LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $631,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of MOAT. TD Waterhouse Canada Inc. purchased a new position in VanEck Morningstar Wide Moat ETF in the third quarter valued at $26,000. Harbor Investment Advisory LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at $33,000. Paladin Advisory Group LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $34,000. IAG Wealth Partners LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 228.7% during the 3rd quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock worth $37,000 after acquiring an additional 263 shares in the last quarter. Finally, Collier Financial acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $50,000.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT opened at $94.29 on Monday. VanEck Morningstar Wide Moat ETF has a one year low of $75.43 and a one year high of $108.10. The company has a market cap of $12.73 billion, a P/E ratio of 22.53 and a beta of 1.02. The business’s 50-day simple moving average is $103.50 and its 200-day simple moving average is $102.60.

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.