Farther Finance Advisors LLC Sells 38,987 Shares of VanEck Morningstar SMID Moat ETF $SMOT

Farther Finance Advisors LLC reduced its holdings in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 60.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,667 shares of the company’s stock after selling 38,987 shares during the quarter. Farther Finance Advisors LLC owned about 0.23% of VanEck Morningstar SMID Moat ETF worth $929,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Great Lakes Advisors LLC grew its stake in VanEck Morningstar SMID Moat ETF by 7.5% in the 3rd quarter. Great Lakes Advisors LLC now owns 1,073,573 shares of the company’s stock valued at $38,735,000 after buying an additional 74,823 shares in the last quarter. Gradient Investments LLC lifted its position in shares of VanEck Morningstar SMID Moat ETF by 4.3% during the fourth quarter. Gradient Investments LLC now owns 822,960 shares of the company’s stock worth $29,791,000 after acquiring an additional 34,296 shares in the last quarter. Bank of America Corp DE lifted its position in shares of VanEck Morningstar SMID Moat ETF by 18.7% during the second 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 in the last quarter. Financial Management Network Inc. boosted its holdings in shares of VanEck Morningstar SMID Moat ETF by 1.4% in the fourth quarter. Financial Management Network Inc. now owns 560,002 shares of the company’s stock worth $20,406,000 after acquiring an additional 7,864 shares during the period. Finally, Apexium Financial LP grew its position in shares of VanEck Morningstar SMID Moat ETF by 1.6% in the third quarter. Apexium Financial LP now owns 329,963 shares of the company’s stock valued at $11,905,000 after purchasing an additional 5,207 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Stock Performance

Shares of BATS SMOT opened at $37.09 on Thursday. VanEck Morningstar SMID Moat ETF has a fifty-two week low of $30.52 and a fifty-two week high of $37.91. The stock has a market cap of $412.81 million, a PE ratio of 17.96 and a beta of 1.28. The stock has a fifty day moving average of $36.06 and a 200-day moving average of $36.33.

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.