Pekin Hardy Strauss Inc. Buys 820 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Pekin Hardy Strauss Inc. grew its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 19.8% in the second quarter, HoldingsChannel reports. The fund owned 4,970 shares of the company’s stock after acquiring an additional 820 shares during the period. Pekin Hardy Strauss Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $430,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF in the second quarter worth about $26,000. Mather Group LLC. bought a new position in shares of VanEck Morningstar Wide Moat ETF in the second quarter worth about $32,000. Salomon & Ludwin LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the first quarter worth about $36,000. Global Trust Asset Management LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 80.0% in the first quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock worth $40,000 after acquiring an additional 200 shares during the last quarter. Finally, Cape Investment Advisory Inc. raised its stake in shares of VanEck Morningstar Wide Moat ETF by 93.8% in the fourth quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock worth $40,000 after acquiring an additional 227 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT opened at $94.64 on Wednesday. The business’s fifty day simple moving average is $91.38 and its 200 day simple moving average is $88.62. The company has a market capitalization of $16.00 billion, a P/E ratio of 28.30 and a beta of 1.01.

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.