MML Investors Services LLC Has $3.28 Million Holdings in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

MML Investors Services LLC cut its stake in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 3.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 93,758 shares of the company’s stock after selling 2,880 shares during the period. MML Investors Services LLC owned about 0.88% of VanEck Morningstar SMID Moat ETF worth $3,284,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Tranquility Partners LLC grew its stake in shares of VanEck Morningstar SMID Moat ETF by 11.8% in the second quarter. Tranquility Partners LLC now owns 9,760 shares of the company’s stock worth $312,000 after purchasing an additional 1,033 shares during the last quarter. IRON Financial LLC bought a new stake in shares of VanEck Morningstar SMID Moat ETF in the second quarter worth $573,000. Commonwealth Equity Services LLC grew its stake in shares of VanEck Morningstar SMID Moat ETF by 64.2% in the second quarter. Commonwealth Equity Services LLC now owns 24,550 shares of the company’s stock worth $785,000 after purchasing an additional 9,595 shares during the last quarter. Essex Financial Services Inc. bought a new stake in VanEck Morningstar SMID Moat ETF during the second quarter valued at $596,000. Finally, Stiles Financial Services Inc boosted its position in VanEck Morningstar SMID Moat ETF by 27.7% during the second quarter. Stiles Financial Services Inc now owns 14,679 shares of the company’s stock valued at $469,000 after acquiring an additional 3,183 shares during the last quarter.

VanEck Morningstar SMID Moat ETF Stock Down 0.7 %

Shares of SMOT opened at $36.39 on Friday. The company has a market capitalization of $385.73 million, a PE ratio of 16.99 and a beta of 1.10. The firm’s 50 day moving average price is $35.93 and its two-hundred day moving average price is $33.96.

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.