VanEck Morningstar International Moat ETF (BATS:MOTI) Shares Down 2% – Time to Sell?

Shares of VanEck Morningstar International Moat ETF (BATS:MOTI) traded down 2% on Monday . The stock traded as low as $29.34 and last traded at $29.35. 15,865 shares traded hands during trading, The stock had previously closed at $29.94.

VanEck Morningstar International Moat ETF Stock Down 2.0 %

The company has a market capitalization of $206.92 million, a PE ratio of 12.33 and a beta of 0.95. The firm has a 50-day moving average of $31.71 and a two-hundred day moving average of $32.44.

VanEck Morningstar International Moat ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were paid a $1.45 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On VanEck Morningstar International Moat ETF

Hedge funds have recently modified their holdings of the company. First Horizon Advisors Inc. acquired a new stake in VanEck Morningstar International Moat ETF in the 3rd quarter valued at $77,000. Creekside Partners purchased a new position in VanEck Morningstar International Moat ETF during the second quarter valued at $375,000. Mengis Capital Management Inc. grew its position in shares of VanEck Morningstar International Moat ETF by 11.6% in the third quarter. Mengis Capital Management Inc. now owns 22,720 shares of the company’s stock valued at $796,000 after purchasing an additional 2,355 shares during the period. JPMorgan Chase & Co. increased its stake in shares of VanEck Morningstar International Moat ETF by 19.5% during the third quarter. JPMorgan Chase & Co. now owns 40,890 shares of the company’s stock worth $1,433,000 after purchasing an additional 6,684 shares in the last quarter. Finally, Truist Financial Corp raised its position in shares of VanEck Morningstar International Moat ETF by 0.9% during the 2nd quarter. Truist Financial Corp now owns 48,067 shares of the company’s stock worth $1,507,000 after purchasing an additional 427 shares during the last quarter.

VanEck Morningstar International Moat ETF Company Profile

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.