1620 Investment Advisors Inc. Grows Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

1620 Investment Advisors Inc. grew its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 24.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,023 shares of the company’s stock after acquiring an additional 998 shares during the quarter. 1620 Investment Advisors Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $435,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MOAT. Harbour Trust & Investment Management Co boosted its position in VanEck Morningstar Wide Moat ETF by 5.4% during the second quarter. Harbour Trust & Investment Management Co now owns 227,738 shares of the company’s stock worth $19,724,000 after acquiring an additional 11,588 shares during the last quarter. Philip James Wealth Mangement LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 15.9% in the 2nd quarter. Philip James Wealth Mangement LLC now owns 160,982 shares of the company’s stock valued at $13,943,000 after buying an additional 22,113 shares during the period. Ayalon Insurance Comp Ltd. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 0.9% during the 2nd quarter. Ayalon Insurance Comp Ltd. now owns 52,014 shares of the company’s stock valued at $4,505,000 after acquiring an additional 450 shares during the last quarter. XML Financial LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 192.5% during the 2nd quarter. XML Financial LLC now owns 23,720 shares of the company’s stock worth $2,054,000 after acquiring an additional 15,610 shares during the period. Finally, Atria Wealth Solutions Inc. grew its holdings in VanEck Morningstar Wide Moat ETF by 3.4% in the second quarter. Atria Wealth Solutions Inc. now owns 183,329 shares of the company’s stock valued at $15,878,000 after purchasing an additional 6,017 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS:MOAT traded down $0.34 on Thursday, hitting $92.83. 385,384 shares of the stock were exchanged. The stock has a market capitalization of $15.70 billion, a PE ratio of 28.30 and a beta of 1.01. The business has a fifty day moving average of $88.52 and a two-hundred day moving average of $87.51.

VanEck Morningstar Wide Moat ETF Company 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.