TPG Advisors LLC Makes New $1.47 Million Investment in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

TPG Advisors LLC purchased a new position in VanEck Morningstar SMID Moat ETF (BATS:SMOT) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 45,850 shares of the company’s stock, valued at approximately $1,465,000. VanEck Morningstar SMID Moat ETF accounts for 1.2% of TPG Advisors LLC’s holdings, making the stock its 23rd biggest position. TPG Advisors LLC owned approximately 0.43% of VanEck Morningstar SMID Moat ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SMOT. GPS Wealth Strategies Group LLC purchased a new position in shares of VanEck Morningstar SMID Moat ETF during the second quarter worth approximately $42,000. Lynx Investment Advisory purchased a new stake in VanEck Morningstar SMID Moat ETF in the second quarter worth about $156,000. SageView Advisory Group LLC bought a new position in shares of VanEck Morningstar SMID Moat ETF during the fourth quarter valued at approximately $237,000. Stonebridge Financial Planning Group LLC bought a new position in VanEck Morningstar SMID Moat ETF in the second quarter worth approximately $275,000. Finally, Tranquility Partners LLC lifted its holdings in VanEck Morningstar SMID Moat ETF by 28.1% during the first quarter. Tranquility Partners LLC now owns 8,727 shares of the company’s stock worth $298,000 after buying an additional 1,915 shares during the period.

VanEck Morningstar SMID Moat ETF Trading Down 0.7 %

SMOT opened at $34.39 on Friday. The company has a market cap of $364.53 million, a price-to-earnings ratio of 16.99 and a beta of 1.10. The stock has a 50 day moving average of $33.17 and a two-hundred day moving average of $32.69.

About VanEck Morningstar SMID Moat ETF

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.