VanEck Morningstar International Moat ETF (BATS:MOTI) Trading 0.1% Higher – Should You Buy?

VanEck Morningstar International Moat ETF (BATS:MOTI)’s share price shot up 0.1% on Tuesday . The stock traded as high as $38.11 and last traded at $38.03. 10,772 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 20,635 shares. The stock had previously closed at $37.99.

VanEck Morningstar International Moat ETF Stock Up 0.1%

The company has a 50 day simple moving average of $37.82 and a 200-day simple moving average of $37.42. The stock has a market cap of $195.85 million, a price-to-earnings ratio of 19.33 and a beta of 0.74.

Institutional Trading of VanEck Morningstar International Moat ETF

Several institutional investors have recently added to or reduced their stakes in MOTI. Flow Traders U.S. LLC acquired a new stake in VanEck Morningstar International Moat ETF during the second quarter worth about $517,000. Whipplewood Advisors LLC boosted its stake in VanEck Morningstar International Moat ETF by 34.0% in the second quarter. Whipplewood Advisors LLC now owns 30,188 shares of the company’s stock valued at $1,047,000 after acquiring an additional 7,666 shares during the period. RiverFront Investment Group LLC grew its holdings in shares of VanEck Morningstar International Moat ETF by 4.8% during the second quarter. RiverFront Investment Group LLC now owns 898,984 shares of the company’s stock valued at $31,168,000 after purchasing an additional 41,143 shares during the last quarter. Mesirow Financial Investment Management Inc. bought a new position in shares of VanEck Morningstar International Moat ETF during the second quarter valued at approximately $555,000. Finally, Pursue Wealth Partners LLC acquired a new stake in shares of VanEck Morningstar International Moat ETF during the 2nd quarter worth approximately $277,000.

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.