VanEck Morningstar International Moat ETF (BATS:MOTI) Stock Jumps 0.2% – Here’s What Happened

VanEck Morningstar International Moat ETF (BATS:MOTI)’s share price traded up 0.2% during mid-day trading on Thursday. The stock traded as high as $34.66 and last traded at $34.58. Approximately 1,861 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 26,639 shares. The stock had previously closed at $34.51.

VanEck Morningstar International Moat ETF Stock Up 1.8%

The stock has a market capitalization of $181.23 million, a PE ratio of 19.33 and a beta of 0.74. The firm’s fifty day moving average price is $35.99 and its two-hundred day moving average price is $35.06.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Fifth Third Bancorp purchased a new stake in VanEck Morningstar International Moat ETF in the first quarter worth $173,000. Janney Montgomery Scott LLC grew its position in shares of VanEck Morningstar International Moat ETF by 2.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 110,871 shares of the company’s stock worth $3,786,000 after buying an additional 2,967 shares during the last quarter. Mengis Capital Management Inc. increased its position in shares of VanEck Morningstar International Moat ETF by 4.4% during the fourth quarter. Mengis Capital Management Inc. now owns 29,584 shares of the company’s stock worth $1,085,000 after purchasing an additional 1,251 shares in the last quarter. Royal Bank of Canada grew its stake in shares of VanEck Morningstar International Moat ETF by 0.6% during the first quarter. Royal Bank of Canada now owns 187,237 shares of the company’s stock worth $6,395,000 after acquiring an additional 1,159 shares during the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of VanEck Morningstar International Moat ETF in the second quarter worth $33,000.

About VanEck Morningstar International Moat ETF

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.