VanEck Morningstar International Moat ETF (BATS:MOTI) Trading Up 11.1% – What’s Next?

VanEck Morningstar International Moat ETF (BATS:MOTI) shares shot up 11.1% during trading on Monday . The company traded as high as $34.8633 and last traded at $38.7250. 8,712 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 24,601 shares. The stock had previously closed at $34.85.

VanEck Morningstar International Moat ETF Price Performance

The stock has a market cap of $199.43 million, a PE ratio of 19.33 and a beta of 0.74. The firm has a 50 day moving average of $37.44 and a two-hundred day moving average of $37.08.

Hedge Funds Weigh In On VanEck Morningstar International Moat ETF

A number of large investors have recently bought and sold shares of MOTI. Accredited Wealth Management LLC lifted its position in VanEck Morningstar International Moat ETF by 155.1% during the third quarter. Accredited Wealth Management LLC now owns 83,872 shares of the company’s stock valued at $3,109,000 after buying an additional 50,996 shares in the last quarter. RiverFront Investment Group LLC increased its position in shares of VanEck Morningstar International Moat ETF by 4.8% in the second quarter. RiverFront Investment Group LLC now owns 898,984 shares of the company’s stock worth $31,168,000 after acquiring an additional 41,143 shares in the last quarter. Turning Point Benefit Group Inc. raised its stake in shares of VanEck Morningstar International Moat ETF by 169.8% in the 3rd quarter. Turning Point Benefit Group Inc. now owns 61,685 shares of the company’s stock valued at $2,315,000 after acquiring an additional 38,824 shares during the period. Jane Street Group LLC lifted its holdings in shares of VanEck Morningstar International Moat ETF by 199.8% during the 2nd quarter. Jane Street Group LLC now owns 30,226 shares of the company’s stock valued at $1,048,000 after acquiring an additional 20,143 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. purchased a new stake in VanEck Morningstar International Moat ETF during the 2nd quarter worth $555,000.

About VanEck Morningstar International Moat ETF

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.