Maridea Wealth Management LLC Makes New Investment in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Maridea Wealth Management LLC bought a new stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 9,373 shares of the company’s stock, valued at approximately $323,000.

Several other hedge funds and other institutional investors also recently modified their holdings of SMOT. Farther Finance Advisors LLC increased its holdings in shares of VanEck Morningstar SMID Moat ETF by 3,965,328.6% in the 4th quarter. Farther Finance Advisors LLC now owns 277,580 shares of the company’s stock worth $9,568,000 after acquiring an additional 277,573 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of VanEck Morningstar SMID Moat ETF in the fourth quarter valued at approximately $8,428,000. LPL Financial LLC raised its holdings in shares of VanEck Morningstar SMID Moat ETF by 17.1% during the fourth quarter. LPL Financial LLC now owns 1,088,476 shares of the company’s stock valued at $37,520,000 after buying an additional 158,994 shares during the last quarter. TRUE Private Wealth Advisors boosted its position in shares of VanEck Morningstar SMID Moat ETF by 414.7% during the third quarter. TRUE Private Wealth Advisors now owns 70,533 shares of the company’s stock worth $2,471,000 after buying an additional 56,830 shares during the period. Finally, Apexium Financial LP grew its holdings in VanEck Morningstar SMID Moat ETF by 11.9% in the 4th quarter. Apexium Financial LP now owns 331,454 shares of the company’s stock worth $11,425,000 after buying an additional 35,259 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Price Performance

SMOT opened at $32.67 on Friday. The stock’s 50 day moving average price is $35.03 and its 200 day moving average price is $35.24. The stock has a market cap of $414.85 million, a P/E ratio of 17.69 and a beta of 1.31. VanEck Morningstar SMID Moat ETF has a 12 month low of $30.97 and a 12 month high of $37.70.

VanEck Morningstar SMID Moat ETF Company Profile

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations.