KPP Advisory Services LLC Reduces Holdings in VanEck Morningstar Wide Moat ETF $MOAT

KPP Advisory Services LLC decreased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 51.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,355 shares of the company’s stock after selling 10,800 shares during the period. KPP Advisory Services LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $971,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Garrison Bradford & Associates Inc. acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter worth approximately $26,000. N.E.W. Advisory Services LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter worth approximately $26,000. Keystone Global Partners LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $28,000. Financial Gravity Asset Management Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF during the 1st quarter worth approximately $29,000. Finally, Golden State Wealth Management LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 408 shares of the company’s stock worth $36,000 after buying an additional 204 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 11.1%

VanEck Morningstar Wide Moat ETF stock opened at $102.57 on Friday. The firm has a market cap of $13.85 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 52-week low of $75.43 and a 52-week high of $99.41. The company’s 50 day moving average is $99.02 and its two-hundred day moving average is $93.74.

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.