SouthState Bank Corp Cuts Stock Holdings in VanEck Morningstar Wide Moat ETF $MOAT

SouthState Bank Corp decreased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 97.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 342 shares of the company’s stock after selling 11,975 shares during the quarter. SouthState Bank Corp’s holdings in VanEck Morningstar Wide Moat ETF were worth $33,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in MOAT. Y.D. More Investments Ltd lifted its position in shares of VanEck Morningstar Wide Moat ETF by 62.2% during the first quarter. Y.D. More Investments Ltd now owns 730 shares of the company’s stock valued at $70,000 after purchasing an additional 280 shares in the last quarter. ARQ Wealth Advisors LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 13.4% during the first quarter. ARQ Wealth Advisors LLC now owns 16,062 shares of the company’s stock worth $1,553,000 after purchasing an additional 1,900 shares during the last quarter. Diversify Wealth Management LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the 1st quarter worth about $292,000. Fifth Third Bancorp grew its position in VanEck Morningstar Wide Moat ETF by 57,791.4% in the 1st quarter. Fifth Third Bancorp now owns 46,892 shares of the company’s stock worth $4,535,000 after purchasing an additional 46,811 shares in the last quarter. Finally, 46 Peaks LLC increased its stake in VanEck Morningstar Wide Moat ETF by 3.2% in the 1st quarter. 46 Peaks LLC now owns 96,548 shares of the company’s stock valued at $9,336,000 after buying an additional 2,961 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 1.4%

VanEck Morningstar Wide Moat ETF stock opened at $107.59 on Friday. VanEck Morningstar Wide Moat ETF has a 52 week low of $94.07 and a 52 week high of $108.10. The company’s 50 day moving average price is $102.97 and its two-hundred day moving average price is $102.77. The stock has a market cap of $14.52 billion, a P/E ratio of 22.53 and a beta of 1.02.

About VanEck Morningstar Wide Moat ETF

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.