Envestnet Asset Management Inc. Grows Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Envestnet Asset Management Inc. increased its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 597,826 shares of the company’s stock after purchasing an additional 30,953 shares during the quarter. Envestnet Asset Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $55,433,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. QRG Capital Management Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter worth approximately $208,000. US Bancorp DE boosted its holdings 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 worth $1,717,000 after purchasing an additional 3,359 shares during the period. Ameritas Advisory Services LLC boosted its holdings in shares of 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 period. JPMorgan Chase & Co. boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 24.4% in the 3rd 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. boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 8.7% in the 4th quarter. Legacy Private Trust Co. now owns 8,641 shares of the company’s stock worth $801,000 after purchasing an additional 690 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of VanEck Morningstar Wide Moat ETF stock opened at $83.32 on Thursday. The stock has a market cap of $12.82 billion, a price-to-earnings ratio of 24.14 and a beta of 1.04. The stock has a 50 day moving average price of $89.37 and a 200-day moving average price of $93.57. VanEck Morningstar Wide Moat ETF has a one year low of $75.43 and a one year high of $99.06.

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.