124,020 Shares of VanEck Morningstar Wide Moat ETF $MOAT Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the third quarter, HoldingsChannel.com reports. The fund acquired 124,020 shares of the company’s stock, valued at approximately $13,110,000.

A number of other institutional investors also recently added to or reduced their stakes in MOAT. Center for Financial Planning Inc. acquired a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $108,000. Park Avenue Securities LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at approximately $1,023,000. Verdence Capital Advisors LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at approximately $1,519,000. Patton Albertson Miller Group LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at approximately $3,225,000. Finally, Apollon Wealth Management LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $7,863,000.

VanEck Morningstar Wide Moat ETF Price Performance

VanEck Morningstar Wide Moat ETF stock opened at $111.31 on Wednesday. The stock’s 50 day moving average price is $110.29 and its 200 day moving average price is $105.27. VanEck Morningstar Wide Moat ETF has a 1-year low of $94.07 and a 1-year high of $115.58. The company has a market cap of $15.03 billion, a PE ratio of 22.53 and a beta of 1.02.

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.