Focus Partners Advisor Solutions LLC Grows Position in VanEck Morningstar Wide Moat ETF $MOAT

Focus Partners Advisor Solutions LLC lifted its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 97.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 11,548 shares of the company’s stock after purchasing an additional 5,701 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,159,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at $528,000. AQR Capital Management LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 16.9% in the first quarter. AQR Capital Management LLC now owns 21,523 shares of the company’s stock valued at $1,894,000 after acquiring an additional 3,107 shares during the period. Goldman Sachs Group Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the first quarter valued at about $1,068,000. Jane Street Group LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 125.3% during the first quarter. Jane Street Group LLC now owns 13,835 shares of the company’s stock valued at $1,217,000 after acquiring an additional 7,693 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 0.5% during the second quarter. Bank of New York Mellon Corp now owns 209,343 shares of the company’s stock worth $19,634,000 after purchasing an additional 1,018 shares during the period.

VanEck Morningstar Wide Moat ETF Trading Down 1.0%

VanEck Morningstar Wide Moat ETF stock opened at $102.80 on Friday. The firm has a market cap of $13.88 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1-year low of $75.43 and a 1-year high of $108.10. The firm has a 50-day moving average of $105.68 and a 200-day moving average of $102.51.

VanEck Morningstar Wide Moat ETF Profile

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.