HighTower Advisors LLC Sells 25,398 Shares of VanEck Morningstar Wide Moat ETF $MOAT

HighTower Advisors LLC cut its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.2% in the 4th quarter, Holdings Channel reports. The firm owned 578,478 shares of the company’s stock after selling 25,398 shares during the period. HighTower Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $59,907,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Siligmueller & Norvid Wealth Advisors LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the third quarter worth $1,330,000. Atria Investments Inc lifted its stake in VanEck Morningstar Wide Moat ETF by 101.3% during the third quarter. Atria Investments Inc now owns 26,545 shares of the company’s stock worth $2,631,000 after purchasing an additional 13,358 shares during the last quarter. Balance Wealth LLC lifted its stake in VanEck Morningstar Wide Moat ETF by 102.7% during the fourth quarter. Balance Wealth LLC now owns 11,830 shares of the company’s stock worth $1,225,000 after purchasing an additional 5,995 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter worth $2,195,000. Finally, Savvy Advisors Inc. lifted its stake in VanEck Morningstar Wide Moat ETF by 500.5% during the fourth quarter. Savvy Advisors Inc. now owns 24,310 shares of the company’s stock worth $2,518,000 after purchasing an additional 20,262 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

BATS MOAT opened at $101.14 on Thursday. The business has a fifty day moving average price of $99.19 and a two-hundred day moving average price of $102.52. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $87.68 and a fifty-two week high of $108.10. The stock has a market capitalization of $13.65 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.