Mesirow Financial Investment Management Inc. Purchases 91,428 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Mesirow Financial Investment Management Inc. raised its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,641,655 shares of the company’s stock after acquiring an additional 91,428 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up about 5.0% of Mesirow Financial Investment Management Inc.’s holdings, making the stock its 3rd largest holding. Mesirow Financial Investment Management Inc. owned 1.56% of VanEck Morningstar Wide Moat ETF worth $256,113,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Fairscale Capital LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the second quarter worth about $473,000. Goepper Burkhardt LLC lifted its stake in VanEck Morningstar Wide Moat ETF by 8.3% in the 2nd quarter. Goepper Burkhardt LLC now owns 50,887 shares of the company’s stock worth $4,407,000 after purchasing an additional 3,905 shares in the last quarter. TPG Advisors LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $7,572,000. Castleview Partners LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.6% during the 3rd quarter. Castleview Partners LLC now owns 15,487 shares of the company’s stock worth $1,501,000 after purchasing an additional 250 shares during the last quarter. Finally, Focus Financial Network Inc. increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 3.0% in the third quarter. Focus Financial Network Inc. now owns 24,453 shares of the company’s stock valued at $2,371,000 after purchasing an additional 703 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of VanEck Morningstar Wide Moat ETF stock opened at $97.16 on Friday. The stock’s 50 day moving average is $95.63 and its 200 day moving average is $90.88. The stock has a market capitalization of $16.43 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.