VanEck Morningstar International Moat ETF (BATS:MOTI) Trading 1.5% Higher – Time to Buy?

VanEck Morningstar International Moat ETF (BATS:MOTI)’s share price shot up 1.5% during trading on Monday . The stock traded as high as $33.25 and last traded at $33.24. 9,783 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 39,414 shares. The stock had previously closed at $32.76.

VanEck Morningstar International Moat ETF Stock Up 0.8%

The stock has a market capitalization of $172.53 million, a price-to-earnings ratio of 19.33 and a beta of 0.74. The stock has a 50 day moving average price of $34.46 and a 200 day moving average price of $35.96.

Institutional Investors Weigh In On VanEck Morningstar International Moat ETF

Hedge funds have recently added to or reduced their stakes in the business. Truist Financial Corp increased its position in VanEck Morningstar International Moat ETF by 1.3% in the 4th quarter. Truist Financial Corp now owns 22,900 shares of the company’s stock valued at $840,000 after acquiring an additional 295 shares during the period. Leelyn Smith LLC lifted its holdings in shares of VanEck Morningstar International Moat ETF by 3.6% during the first quarter. Leelyn Smith LLC now owns 9,908 shares of the company’s stock worth $338,000 after purchasing an additional 345 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in shares of VanEck Morningstar International Moat ETF by 4.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 7,922 shares of the company’s stock worth $291,000 after purchasing an additional 347 shares during the period. Signature Estate & Investment Advisors LLC grew its stake in shares of VanEck Morningstar International Moat ETF by 3.2% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 15,130 shares of the company’s stock worth $555,000 after purchasing an additional 472 shares during the last quarter. Finally, Bank of America Corp DE bought a new stake in shares of VanEck Morningstar International Moat ETF in the second quarter worth $27,000.

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.