Lake Street Advisors Group LLC purchased a new stake in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,901 shares of the company’s stock, valued at approximately $277,000. Lake Street Advisors Group LLC owned about 0.07% of VanEck Morningstar SMID Moat ETF as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in SMOT. Eastern Bank bought a new stake in VanEck Morningstar SMID Moat ETF during the third quarter valued at approximately $35,000. GPS Wealth Strategies Group LLC purchased a new stake in shares of VanEck Morningstar SMID Moat ETF in the 2nd quarter worth $42,000. Lynx Investment Advisory bought a new position in VanEck Morningstar SMID Moat ETF in the 2nd quarter worth $156,000. Stonebridge Financial Planning Group LLC purchased a new position in VanEck Morningstar SMID Moat ETF during the second quarter valued at $275,000. Finally, Tranquility Partners LLC increased its position in VanEck Morningstar SMID Moat ETF by 28.1% in the first quarter. Tranquility Partners LLC now owns 8,727 shares of the company’s stock worth $298,000 after buying an additional 1,915 shares in the last quarter.
VanEck Morningstar SMID Moat ETF Price Performance
BATS SMOT opened at $34.90 on Friday. The company has a market capitalization of $369.94 million, a P/E ratio of 16.99 and a beta of 1.10. The stock has a 50 day moving average of $34.27 and a 200-day moving average of $32.97.
VanEck Morningstar SMID Moat ETF 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.
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