Commonwealth Equity Services LLC Boosts Stock Holdings in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Commonwealth Equity Services LLC lifted its stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 23.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,244 shares of the company’s stock after buying an additional 4,448 shares during the period. Commonwealth Equity Services LLC owned approximately 0.22% of VanEck Morningstar SMID Moat ETF worth $801,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC increased its stake in VanEck Morningstar SMID Moat ETF by 3,965,328.6% in the 4th quarter. Farther Finance Advisors LLC now owns 277,580 shares of the company’s stock worth $9,568,000 after purchasing an additional 277,573 shares during the period. Coordinated Financial Services Inc. bought a new position in shares of VanEck Morningstar SMID Moat ETF in the fourth quarter worth approximately $571,000. Mesirow Financial Investment Management Inc. increased its stake in shares of VanEck Morningstar SMID Moat ETF by 6.9% in the fourth quarter. Mesirow Financial Investment Management Inc. now owns 276,972 shares of the company’s stock worth $9,547,000 after buying an additional 17,863 shares during the period. Raymond James Financial Inc. bought a new stake in VanEck Morningstar SMID Moat ETF during the 4th quarter valued at $8,428,000. Finally, M&T Bank Corp purchased a new stake in VanEck Morningstar SMID Moat ETF during the 4th quarter valued at $223,000.

VanEck Morningstar SMID Moat ETF Trading Down 4.6 %

Shares of BATS:SMOT opened at $33.14 on Thursday. VanEck Morningstar SMID Moat ETF has a 12 month low of $30.97 and a 12 month high of $37.70. The company has a market cap of $420.87 million, a price-to-earnings ratio of 17.69 and a beta of 1.31. The company has a 50-day moving average price of $34.86 and a 200-day moving average price of $35.24.

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.