GPS Wealth Strategies Group LLC Sells 22,617 Shares of VanEck Morningstar Wide Moat ETF $MOAT

GPS Wealth Strategies Group LLC lessened its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 79.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 5,703 shares of the company’s stock after selling 22,617 shares during the period. GPS Wealth Strategies Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $591,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MOAT. Axxcess Wealth Management LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 667.3% during the fourth quarter. Axxcess Wealth Management LLC now owns 113,630 shares of the company’s stock worth $11,768,000 after purchasing an additional 98,821 shares during the last quarter. Echo45 Advisors LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $1,168,000. PNC Financial Services Group Inc. grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 0.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 25,678 shares of the company’s stock worth $2,659,000 after purchasing an additional 224 shares during the last quarter. Auxano Advisors LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 23.6% during the fourth quarter. Auxano Advisors LLC now owns 3,614 shares of the company’s stock worth $374,000 after purchasing an additional 691 shares during the last quarter. Finally, Verde Capital Management grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 3.0% during the fourth quarter. Verde Capital Management now owns 626,318 shares of the company’s stock worth $64,862,000 after purchasing an additional 18,449 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 1.0%

BATS:MOAT opened at $102.24 on Friday. The stock has a market cap of $13.80 billion, a P/E ratio of 22.53 and a beta of 1.02. The stock’s 50-day moving average is $99.21 and its 200-day moving average is $102.52. VanEck Morningstar Wide Moat ETF has a 1-year low of $87.68 and a 1-year high of $108.10.

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.