HBW Advisory Services LLC Acquires 69,757 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

HBW Advisory Services LLC lifted its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 98.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 140,646 shares of the company’s stock after purchasing an additional 69,757 shares during the period. VanEck Morningstar Wide Moat ETF makes up 2.0% of HBW Advisory Services LLC’s holdings, making the stock its 7th biggest holding. HBW Advisory Services LLC owned approximately 0.08% of VanEck Morningstar Wide Moat ETF worth $13,636,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in VanEck Morningstar Wide Moat ETF in the second quarter worth approximately $26,000. Mather Group LLC. acquired a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at $32,000. Salomon & Ludwin LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the first quarter valued at about $36,000. Global Trust Asset Management LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 80.0% during the first quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock worth $40,000 after buying an additional 200 shares during the period. Finally, Fairman Group LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the second quarter worth about $41,000.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT stock traded down $0.58 during trading on Friday, hitting $95.49. The company had a trading volume of 665,763 shares. The company has a fifty day simple moving average of $93.15 and a 200-day simple moving average of $89.28. The stock has a market cap of $16.15 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Profile

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.