Stegent Equity Advisors Inc. Has $2.53 Million Stock Position in VanEck Morningstar SMID Moat ETF $SMOT

Stegent Equity Advisors Inc. raised its holdings in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 43.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 72,756 shares of the company’s stock after acquiring an additional 22,134 shares during the quarter. VanEck Morningstar SMID Moat ETF makes up about 2.2% of Stegent Equity Advisors Inc.’s portfolio, making the stock its 13th largest holding. Stegent Equity Advisors Inc. owned about 0.65% of VanEck Morningstar SMID Moat ETF worth $2,532,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Stephens Inc. AR increased its position in VanEck Morningstar SMID Moat ETF by 4.3% in the 2nd quarter. Stephens Inc. AR now owns 52,172 shares of the company’s stock valued at $1,816,000 after acquiring an additional 2,168 shares during the period. IRON Financial LLC increased its position in VanEck Morningstar SMID Moat ETF by 2.1% in the 2nd quarter. IRON Financial LLC now owns 18,601 shares of the company’s stock valued at $647,000 after acquiring an additional 388 shares during the period. Stiles Financial Services Inc increased its position in VanEck Morningstar SMID Moat ETF by 4.6% in the 2nd quarter. Stiles Financial Services Inc now owns 20,335 shares of the company’s stock valued at $708,000 after acquiring an additional 898 shares during the period. Coordinated Financial Services Inc. acquired a new position in VanEck Morningstar SMID Moat ETF in the 2nd quarter valued at approximately $778,000. Finally, First Financial Group Corp increased its position in VanEck Morningstar SMID Moat ETF by 9.3% in the 2nd quarter. First Financial Group Corp now owns 24,551 shares of the company’s stock valued at $854,000 after acquiring an additional 2,085 shares during the period.

VanEck Morningstar SMID Moat ETF Stock Performance

Shares of BATS SMOT opened at $36.67 on Friday. VanEck Morningstar SMID Moat ETF has a 52-week low of $27.93 and a 52-week high of $37.70. The firm has a 50 day moving average price of $36.22 and a two-hundred day moving average price of $34.63. The stock has a market cap of $408.09 million, a P/E ratio of 17.96 and a beta of 1.28.

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.