Anchor Investment Management LLC Trims Position in VanEck Morningstar International Moat ETF (BATS:MOTI)

Anchor Investment Management LLC cut its position in VanEck Morningstar International Moat ETF (BATS:MOTI) by 55.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,040 shares of the company’s stock after selling 5,000 shares during the period. Anchor Investment Management LLC owned about 0.06% of VanEck Morningstar International Moat ETF worth $127,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James & Associates increased its stake in shares of VanEck Morningstar International Moat ETF by 3.5% in the second quarter. Raymond James & Associates now owns 811,674 shares of the company’s stock worth $25,446,000 after purchasing an additional 27,141 shares in the last quarter. Creekside Partners bought a new position in shares of VanEck Morningstar International Moat ETF during the second quarter worth $375,000. Envestnet Asset Management Inc. boosted its position in shares of VanEck Morningstar International Moat ETF by 2.4% during the second quarter. Envestnet Asset Management Inc. now owns 1,767,010 shares of the company’s stock worth $55,396,000 after acquiring an additional 41,061 shares during the last quarter. Comerica Bank boosted its position in shares of VanEck Morningstar International Moat ETF by 155.6% during the first quarter. Comerica Bank now owns 10,190 shares of the company’s stock worth $317,000 after acquiring an additional 6,204 shares during the last quarter. Finally, Lionsbridge Wealth Management LLC bought a new position in shares of VanEck Morningstar International Moat ETF during the second quarter worth $685,000.

VanEck Morningstar International Moat ETF Trading Up 1.6 %

Shares of BATS:MOTI opened at $35.63 on Friday. The stock’s fifty day moving average is $32.69 and its two-hundred day moving average is $32.16. The company has a market capitalization of $251.18 million, a price-to-earnings ratio of 12.33 and a beta of 0.95.

VanEck Morningstar International Moat ETF Company Profile

The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation.