M3 Advisory Group LLC Has $1.22 Million Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

M3 Advisory Group LLC lifted its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 9.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,591 shares of the company’s stock after acquiring an additional 1,068 shares during the period. VanEck Morningstar Wide Moat ETF makes up 0.9% of M3 Advisory Group LLC’s portfolio, making the stock its 24th largest holding. M3 Advisory Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,221,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Berkshire Money Management Inc. raised its stake in VanEck Morningstar Wide Moat ETF by 5.0% during the 3rd quarter. Berkshire Money Management Inc. now owns 247,853 shares of the company’s stock worth $24,029,000 after buying an additional 11,766 shares during the period. Drake & Associates LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 2.0% during the third quarter. Drake & Associates LLC now owns 237,341 shares of the company’s stock worth $23,010,000 after buying an additional 4,749 shares during the last quarter. Marshall Financial Group LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $1,823,000. Cornerstone Wealth Management LLC boosted its position in VanEck Morningstar Wide Moat ETF by 7.4% during the third quarter. Cornerstone Wealth Management LLC now owns 17,810 shares of the company’s stock worth $1,727,000 after purchasing an additional 1,233 shares during the period. Finally, Transform Wealth LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 77.0% in the 3rd quarter. Transform Wealth LLC now owns 40,001 shares of the company’s stock valued at $3,878,000 after buying an additional 17,404 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT stock traded down $0.14 during trading on Friday, reaching $97.37. 481,957 shares of the company were exchanged. The company has a market capitalization of $16.47 billion, a P/E ratio of 28.30 and a beta of 1.01. The business’s fifty day moving average is $94.53 and its 200-day moving average is $89.82.

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.