IFP Advisors Inc Sells 8,631 Shares of VanEck Morningstar Wide Moat ETF $MOAT

IFP Advisors Inc decreased its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,022 shares of the company’s stock after selling 8,631 shares during the period. IFP Advisors Inc owned 0.12% of VanEck Morningstar Wide Moat ETF worth $16,572,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. TD Waterhouse Canada Inc. bought a new stake in VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $26,000. First Horizon Corp acquired a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter worth about $31,000. Harbor Investment Advisory LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter worth about $33,000. Paladin Advisory Group LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $34,000. Finally, 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.

VanEck Morningstar Wide Moat ETF Stock Down 0.7%

VanEck Morningstar Wide Moat ETF stock opened at $99.75 on Wednesday. VanEck Morningstar Wide Moat ETF has a 12-month low of $87.68 and a 12-month high of $108.10. The stock has a market cap of $13.47 billion, a PE ratio of 22.53 and a beta of 1.02. The business’s 50-day moving average price is $99.22 and its two-hundred day moving average price is $102.52.

VanEck Morningstar Wide Moat ETF 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.