Davidson Capital Management Inc. Sells 230,343 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Davidson Capital Management Inc. cut its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 99.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 403 shares of the company’s stock after selling 230,343 shares during the quarter. Davidson Capital Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $35,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $502,621,000. Mesirow Financial Investment Management Inc. increased its holdings in VanEck Morningstar Wide Moat ETF by 32.5% in the fourth quarter. Mesirow Financial Investment Management Inc. now owns 3,500,055 shares of the company’s stock valued at $324,541,000 after purchasing an additional 858,400 shares during the period. Virtus Wealth Solutions LLC bought a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth $25,263,000. Jones Financial Companies Lllp raised its position in VanEck Morningstar Wide Moat ETF by 62.0% during the 4th quarter. Jones Financial Companies Lllp now owns 680,945 shares of the company’s stock worth $63,141,000 after purchasing an additional 260,624 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter worth about $19,724,000.

VanEck Morningstar Wide Moat ETF Trading Down 1.6%

BATS MOAT opened at $90.78 on Thursday. The firm has a market capitalization of $12.54 billion, a PE ratio of 23.79 and a beta of 1.02. The business’s 50-day moving average price is $87.69 and its two-hundred day moving average price is $90.57. VanEck Morningstar Wide Moat ETF has a 12 month low of $75.43 and a 12 month high of $99.06.

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.