VanEck Morningstar International Moat ETF (BATS:MOTI) Shares Up 0.7% – Time to Buy?

VanEck Morningstar International Moat ETF (BATS:MOTI) was up 0.7% during mid-day trading on Monday . The company traded as high as $34.50 and last traded at $33.97. Approximately 9,643 shares traded hands during trading, a decline of 45% from the average daily volume of 17,383 shares. The stock had previously closed at $33.73.

VanEck Morningstar International Moat ETF Price Performance

The firm’s fifty day simple moving average is $37.36 and its 200 day simple moving average is $37.45. The company has a market capitalization of $174.95 million, a PE ratio of 19.33 and a beta of 0.74.

Institutional Trading of VanEck Morningstar International Moat ETF

A number of hedge funds have recently modified their holdings of MOTI. Royal Bank of Canada grew its holdings in VanEck Morningstar International Moat ETF by 3.1% during the first quarter. Royal Bank of Canada now owns 190,327 shares of the company’s stock worth $6,333,000 after acquiring an additional 5,656 shares during the period. NewEdge Advisors LLC acquired a new position in shares of VanEck Morningstar International Moat ETF during the 1st quarter worth about $67,000. Jones Financial Companies Lllp purchased a new stake in VanEck Morningstar International Moat ETF during the 1st quarter worth approximately $58,000. JPMorgan Chase & Co. raised its holdings in shares of VanEck Morningstar International Moat ETF by 9.2% during the second quarter. JPMorgan Chase & Co. now owns 33,513 shares of the company’s stock valued at $1,162,000 after acquiring an additional 2,812 shares during the last quarter. Finally, RiverFront Investment Group LLC raised its holdings in shares of VanEck Morningstar International Moat ETF by 4.8% during the second quarter. RiverFront Investment Group LLC now owns 898,984 shares of the company’s stock valued at $31,168,000 after acquiring an additional 41,143 shares during the last quarter.

VanEck Morningstar International Moat ETF Company Profile

The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation. MOTI was launched on Jul 14, 2015 and is managed by VanEck.