Inspire Advisors LLC Decreases Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Inspire Advisors LLC decreased its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,490 shares of the company’s stock after selling 473 shares during the quarter. Inspire Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,294,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MOAT. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at approximately $26,000. Mather Group LLC. acquired a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at about $32,000. Salomon & Ludwin LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $36,000. Cape Investment Advisory Inc. increased its holdings in VanEck Morningstar Wide Moat ETF by 93.8% during the 4th quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock valued at $40,000 after acquiring an additional 227 shares in the last quarter. Finally, Global Trust Asset Management LLC raised its position in 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 acquiring an additional 200 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 0.6 %

MOAT stock opened at $94.65 on Friday. The firm has a 50 day simple moving average of $91.03 and a 200 day simple moving average of $88.48. The firm has a market capitalization of $16.01 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.