VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Purchased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. increased its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 13.4% in the 1st quarter, HoldingsChannel reports. The firm owned 378,447 shares of the company’s stock after purchasing an additional 44,752 shares during the period. VanEck Morningstar Wide Moat ETF makes up 0.9% of Geneos Wealth Management Inc.’s investment portfolio, making the stock its 13th biggest position. Geneos Wealth Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $33,303,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Creekside Partners grew its stake in VanEck Morningstar Wide Moat ETF by 0.9% during the 1st quarter. Creekside Partners now owns 29,576 shares of the company’s stock worth $2,603,000 after purchasing an additional 266 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter worth $26,000. Morningstar Investment Management LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 8.5% during the 1st quarter. Morningstar Investment Management LLC now owns 69,511 shares of the company’s stock worth $6,117,000 after buying an additional 5,428 shares during the last quarter. Financial Management Network Inc. lifted its holdings in VanEck Morningstar Wide Moat ETF by 1.1% during the 1st quarter. Financial Management Network Inc. now owns 502,966 shares of the company’s stock worth $44,261,000 after buying an additional 5,372 shares during the last quarter. Finally, Foundations Investment Advisors LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 5.8% during the 1st quarter. Foundations Investment Advisors LLC now owns 47,071 shares of the company’s stock worth $4,142,000 after buying an additional 2,578 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS MOAT opened at $99.06 on Tuesday. The company has a market capitalization of $13.37 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. The business has a 50-day moving average of $93.33 and a two-hundred day moving average of $90.57. VanEck Morningstar Wide Moat ETF has a 1 year low of $75.43 and a 1 year high of $99.41.

VanEck Morningstar Wide Moat ETF 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.