VanEck Morningstar SMID Moat ETF (BATS:SMOT) Position Raised by Stonebridge Financial Planning Group LLC

Posted by Donna Armstrong on Nov 20th, 2024

Stonebridge Financial Planning Group LLC raised its stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT – Free Report) by 16.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 9,993 shares of the company’s stock after buying an additional 1,385 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in VanEck Morningstar SMID Moat ETF were worth $350,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Eastern Bank bought a new stake in VanEck Morningstar SMID Moat ETF in the third quarter valued at $35,000. GPS Wealth Strategies Group LLC bought a new stake in VanEck Morningstar SMID Moat ETF in the second quarter valued at $42,000. Lynx Investment Advisory acquired a new position in shares of VanEck Morningstar SMID Moat ETF during the second quarter valued at $156,000. Whalen Wealth Management Inc. acquired a new position in shares of VanEck Morningstar SMID Moat ETF during the third quarter valued at $211,000. Finally, Lake Street Advisors Group LLC acquired a new position in shares of VanEck Morningstar SMID Moat ETF during the third quarter valued at $277,000.

VanEck Morningstar SMID Moat ETF Price Performance

Shares of SMOT traded down $0.16 during trading hours on Wednesday, reaching $35.65. 55,136 shares of the company’s stock traded hands. The company has a market cap of $377.89 million, a price-to-earnings ratio of 16.99 and a beta of 1.10. The stock has a fifty day simple moving average of $35.02 and a two-hundred day simple moving average of $33.42.

VanEck Morningstar SMID Moat ETF Profile

(Free Report)

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.