Farrow Financial Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) in the third quarter, Holdings Channel.com reports. The fund purchased 94,999 shares of the company’s stock, valued at approximately $10,042,000. VanEck Morningstar Wide Moat ETF accounts for approximately 5.3% of Farrow Financial Inc.’s portfolio, making the stock its 4th largest holding.
Several other institutional investors have also recently bought and sold shares of the business. Harbor Group Inc. acquired a new position in VanEck Morningstar Wide Moat ETF in the third quarter worth $53,492,000. James J. Burns & Company LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth $21,287,000. Beaumont Asset Management L.L.C. bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth $18,995,000. Absolute Gestao de Investimentos Ltda. bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter worth $18,566,000. Finally, Robertson Stephens Wealth Management LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at $14,065,000.
VanEck Morningstar Wide Moat ETF Stock Performance
Shares of BATS:MOAT opened at $114.16 on Wednesday. VanEck Morningstar Wide Moat ETF has a twelve month low of $94.07 and a twelve month high of $115.58. The firm has a market cap of $15.41 billion, a PE ratio of 22.53 and a beta of 1.02. The business has a fifty day moving average of $110.20 and a 200-day moving average of $105.42.
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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.
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Want to see what other hedge funds are holding MOAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report).
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