Wealth Enhancement Advisory Services LLC Decreases Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Wealth Enhancement Advisory Services LLC decreased its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 21.6% in the third quarter, Holdings Channel.com reports. The firm owned 546,537 shares of the company’s stock after selling 150,636 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $52,987,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in VanEck Morningstar Wide Moat ETF in the second quarter worth $26,000. Mather Group LLC. bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at about $32,000. Salomon & Ludwin LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $36,000. Fairman Group LLC bought a new position in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $41,000. Finally, Clearstead Trust LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter worth approximately $45,000.

VanEck Morningstar Wide Moat ETF Stock Down 0.5 %

Shares of MOAT stock opened at $95.41 on Friday. The company has a market capitalization of $16.13 billion, a P/E ratio of 28.30 and a beta of 1.01. The company has a fifty day moving average of $95.24 and a 200 day moving average of $90.18.

About VanEck Morningstar Wide Moat ETF

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.