VanEck Morningstar International Moat ETF (BATS:MOTI) Trading 0.6% Higher – Still a Buy?

Shares of VanEck Morningstar International Moat ETF (BATS:MOTI) traded up 0.6% on Monday . The company traded as high as $35.35 and last traded at $35.30. 14,694 shares were traded during mid-day trading, a decline of 11% from the average session volume of 16,532 shares. The stock had previously closed at $35.09.

VanEck Morningstar International Moat ETF Stock Up 0.6%

The stock has a market capitalization of $181.80 million, a price-to-earnings ratio of 19.33 and a beta of 0.74. The company has a 50 day simple moving average of $36.06 and a 200-day simple moving average of $37.12.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of MOTI. Rockefeller Capital Management L.P. grew its stake in shares of VanEck Morningstar International Moat ETF by 4.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 7,922 shares of the company’s stock valued at $291,000 after buying an additional 347 shares during the period. Mengis Capital Management Inc. boosted its holdings in VanEck Morningstar International Moat ETF by 4.4% in the fourth quarter. Mengis Capital Management Inc. now owns 29,584 shares of the company’s stock worth $1,085,000 after acquiring an additional 1,251 shares in the last quarter. &PARTNERS acquired a new stake in VanEck Morningstar International Moat ETF in the fourth quarter valued at approximately $301,000. Johnson Investment Counsel Inc. grew its stake in VanEck Morningstar International Moat ETF by 41.7% in the fourth quarter. Johnson Investment Counsel Inc. now owns 8,900 shares of the company’s stock valued at $326,000 after acquiring an additional 2,620 shares during the period. Finally, Creekside Partners increased its holdings in shares of VanEck Morningstar International Moat ETF by 8.9% during the fourth quarter. Creekside Partners now owns 14,535 shares of the company’s stock valued at $533,000 after acquiring an additional 1,194 shares in the last quarter.

VanEck Morningstar International Moat ETF Company Profile

The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation. MOTI was launched on Jul 14, 2015 and is managed by VanEck.