Financial Solutions Advisory Group Inc. Acquires New Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Financial Solutions Advisory Group Inc. bought a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 111,293 shares of the company’s stock, valued at approximately $10,762,000. VanEck Morningstar Wide Moat ETF comprises about 1.5% of Financial Solutions Advisory Group Inc.’s investment portfolio, making the stock its 15th largest holding. Financial Solutions Advisory Group Inc. owned 0.08% of VanEck Morningstar Wide Moat ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter worth approximately $528,000. AQR Capital Management LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 16.9% during the 1st quarter. AQR Capital Management LLC now owns 21,523 shares of the company’s stock worth $1,894,000 after acquiring an additional 3,107 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in VanEck Morningstar Wide Moat ETF during the first quarter valued at approximately $1,068,000. Jane Street Group LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 125.3% in the first quarter. Jane Street Group LLC now owns 13,835 shares of the company’s stock valued at $1,217,000 after acquiring an additional 7,693 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in VanEck Morningstar Wide Moat ETF by 15.0% in the second quarter. First Trust Advisors LP now owns 3,795 shares of the company’s stock valued at $356,000 after acquiring an additional 494 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 0.2%

BATS MOAT opened at $108.08 on Friday. The firm’s fifty day simple moving average is $104.24 and its two-hundred day simple moving average is $102.89. The firm has a market capitalization of $14.59 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 12-month low of $94.07 and a 12-month high of $109.24.

About VanEck Morningstar Wide Moat ETF

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.