Great Lakes Advisors LLC Buys 74,823 Shares of VanEck Morningstar SMID Moat ETF $SMOT

Great Lakes Advisors LLC raised its stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 7.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,073,573 shares of the company’s stock after acquiring an additional 74,823 shares during the quarter. Great Lakes Advisors LLC owned approximately 9.65% of VanEck Morningstar SMID Moat ETF worth $38,735,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of SMOT. Geneos Wealth Management Inc. grew its holdings in VanEck Morningstar SMID Moat ETF by 116.5% during the third quarter. Geneos Wealth Management Inc. now owns 1,115 shares of the company’s stock valued at $40,000 after purchasing an additional 600 shares during the period. Bank of New Hampshire purchased a new position in shares of VanEck Morningstar SMID Moat ETF during the 3rd quarter valued at $148,000. NewEdge Advisors LLC bought a new position in shares of VanEck Morningstar SMID Moat ETF during the 2nd quarter worth $355,000. Tower Research Capital LLC TRC increased its holdings in VanEck Morningstar SMID Moat ETF by 34.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 11,086 shares of the company’s stock worth $386,000 after acquiring an additional 2,843 shares during the last quarter. Finally, Royal Bank of Canada purchased a new stake in VanEck Morningstar SMID Moat ETF in the 1st quarter worth about $405,000.

VanEck Morningstar SMID Moat ETF Stock Up 1.4%

BATS SMOT opened at $37.24 on Thursday. The company has a market cap of $414.43 million, a PE ratio of 17.96 and a beta of 1.28. VanEck Morningstar SMID Moat ETF has a 52 week low of $27.93 and a 52 week high of $37.70. The firm’s 50-day simple moving average is $36.79 and its two-hundred day simple moving average is $36.23.

VanEck Morningstar SMID Moat ETF Profile

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations. SMOT was launched on Oct 4, 2022 and is managed by VanEck.