WCG Wealth Advisors LLC Invests $450,000 in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

WCG Wealth Advisors LLC purchased a new position in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 14,067 shares of the company’s stock, valued at approximately $450,000. WCG Wealth Advisors LLC owned approximately 0.13% of VanEck Morningstar SMID Moat ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the business. Lowe Wealth Advisors LLC lifted its position in shares of VanEck Morningstar SMID Moat ETF by 7.3% during the second quarter. Lowe Wealth Advisors LLC now owns 10,164 shares of the company’s stock worth $325,000 after purchasing an additional 694 shares in the last quarter. Orion Portfolio Solutions LLC increased its stake in shares of VanEck Morningstar SMID Moat ETF by 2.1% during the fourth quarter. Orion Portfolio Solutions LLC now owns 49,062 shares of the company’s stock worth $1,524,000 after buying an additional 1,026 shares during the period. Tranquility Partners LLC increased its stake in shares of VanEck Morningstar SMID Moat ETF by 11.8% during the second quarter. Tranquility Partners LLC now owns 9,760 shares of the company’s stock worth $312,000 after buying an additional 1,033 shares during the period. GPS Wealth Strategies Group LLC purchased a new stake in shares of VanEck Morningstar SMID Moat ETF during the second quarter worth approximately $42,000. Finally, Woodmont Investment Counsel LLC increased its stake in shares of VanEck Morningstar SMID Moat ETF by 1.1% during the first quarter. Woodmont Investment Counsel LLC now owns 145,646 shares of the company’s stock worth $4,968,000 after buying an additional 1,643 shares during the period.

VanEck Morningstar SMID Moat ETF Price Performance

SMOT stock opened at $34.62 on Friday. The stock’s fifty day moving average price is $33.14 and its 200 day moving average price is $32.68. The stock has a market capitalization of $366.97 million, a price-to-earnings ratio of 16.99 and a beta of 1.10.

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.