VanEck Morningstar SMID Moat ETF $SMOT Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC cut its stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 58.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,654 shares of the company’s stock after selling 89,131 shares during the period. Farther Finance Advisors LLC owned approximately 0.58% of VanEck Morningstar SMID Moat ETF worth $2,333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in SMOT. Gradient Investments LLC boosted its stake in VanEck Morningstar SMID Moat ETF by 2.0% during the second quarter. Gradient Investments LLC now owns 1,236,426 shares of the company’s stock worth $43,028,000 after buying an additional 24,392 shares during the last quarter. Great Lakes Advisors LLC purchased a new position in shares of VanEck Morningstar SMID Moat ETF during the 1st quarter worth $30,617,000. Bank of America Corp DE raised its holdings in shares of VanEck Morningstar SMID Moat ETF by 18.7% during the 2nd quarter. Bank of America Corp DE now owns 609,663 shares of the company’s stock worth $21,216,000 after acquiring an additional 95,940 shares during the period. Financial Management Network Inc. boosted its position in shares of VanEck Morningstar SMID Moat ETF by 1.1% during the 2nd quarter. Financial Management Network Inc. now owns 561,077 shares of the company’s stock valued at $20,193,000 after acquiring an additional 5,855 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of VanEck Morningstar SMID Moat ETF by 8.5% in the first quarter. Raymond James Financial Inc. now owns 265,327 shares of the company’s stock valued at $8,700,000 after purchasing an additional 20,817 shares during the period.

VanEck Morningstar SMID Moat ETF Trading Down 0.1%

VanEck Morningstar SMID Moat ETF stock opened at $36.66 on Friday. The company has a 50-day moving average price of $36.15 and a 200 day moving average price of $35.81. VanEck Morningstar SMID Moat ETF has a 12-month low of $27.93 and a 12-month high of $37.70. The stock has a market cap of $407.97 million, a P/E ratio of 17.96 and a beta of 1.28.

VanEck Morningstar SMID Moat ETF 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. SMOT was launched on Oct 4, 2022 and is managed by VanEck.