Belpointe Asset Management LLC Has $850,000 Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Belpointe Asset Management LLC decreased its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 20.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 8,920 shares of the company’s stock after selling 2,304 shares during the period. Belpointe Asset Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $850,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. QRG Capital Management Inc. bought a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at about $208,000. US Bancorp DE raised its stake in shares of VanEck Morningstar Wide Moat ETF by 22.2% in the 4th quarter. US Bancorp DE now owns 18,518 shares of the company’s stock valued at $1,717,000 after acquiring an additional 3,359 shares in the last quarter. Ameritas Advisory Services LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 91.0% in the 4th quarter. Ameritas Advisory Services LLC now owns 13,547 shares of the company’s stock worth $1,256,000 after purchasing an additional 6,455 shares during the last quarter. JPMorgan Chase & Co. boosted its position in VanEck Morningstar Wide Moat ETF by 24.4% during the third quarter. JPMorgan Chase & Co. now owns 157,161 shares of the company’s stock worth $15,237,000 after purchasing an additional 30,816 shares during the period. Finally, Legacy Private Trust Co. grew its holdings in VanEck Morningstar Wide Moat ETF by 8.7% during the fourth quarter. Legacy Private Trust Co. now owns 8,641 shares of the company’s stock valued at $801,000 after purchasing an additional 690 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Trading Down 11.1 %

BATS:MOAT opened at $82.03 on Wednesday. The firm has a market capitalization of $12.23 billion, a PE ratio of 23.67 and a beta of 1.03. VanEck Morningstar Wide Moat ETF has a 1 year low of $75.43 and a 1 year high of $99.06. The firm’s fifty day simple moving average is $88.40 and its 200 day simple moving average is $93.18.

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.