Lake Street Advisors Group LLC Makes New $277,000 Investment in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Lake Street Advisors Group LLC purchased a new stake in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) 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.