Stegent Equity Advisors Inc. Trims Position in VanEck Morningstar SMID Moat ETF $SMOT

Stegent Equity Advisors Inc. trimmed its position in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 85.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 9,678 shares of the company’s stock after selling 56,180 shares during the period. Stegent Equity Advisors Inc.’s holdings in VanEck Morningstar SMID Moat ETF were worth $341,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SMOT. Paladin Wealth LLC lifted its stake in shares of VanEck Morningstar SMID Moat ETF by 12.7% in the 1st quarter. Paladin Wealth LLC now owns 30,562 shares of the company’s stock valued at $1,075,000 after purchasing an additional 3,437 shares during the last quarter. Bank of New Hampshire increased its position in shares of VanEck Morningstar SMID Moat ETF by 484.3% during the 4th quarter. Bank of New Hampshire now owns 23,926 shares of the company’s stock worth $866,000 after purchasing an additional 19,831 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in VanEck Morningstar SMID Moat ETF in the 4th quarter valued at about $987,000. MML Investors Services LLC raised its holdings in VanEck Morningstar SMID Moat ETF by 9.7% in the 4th quarter. MML Investors Services LLC now owns 139,784 shares of the company’s stock valued at $5,060,000 after buying an additional 12,359 shares during the period. Finally, Mariner LLC lifted its position in VanEck Morningstar SMID Moat ETF by 9.8% in the fourth quarter. Mariner LLC now owns 14,687 shares of the company’s stock valued at $532,000 after buying an additional 1,305 shares during the last quarter.

VanEck Morningstar SMID Moat ETF Stock Performance

BATS:SMOT opened at $39.08 on Thursday. VanEck Morningstar SMID Moat ETF has a fifty-two week low of $34.25 and a fifty-two week high of $39.36. The company has a 50 day moving average price of $37.94 and a 200 day moving average price of $37.01. The stock has a market capitalization of $434.96 million, a P/E 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.