Mesirow Financial Investment Management Inc. acquired a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,639,585 shares of the company’s stock, valued at approximately $279,032,000. VanEck Morningstar Wide Moat ETF makes up about 4.3% of Mesirow Financial Investment Management Inc.’s investment portfolio, making the stock its 3rd biggest holding.
Several other institutional investors also recently bought and sold shares of MOAT. Commonwealth Equity Services LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter valued at $105,396,000. Royal Bank of Canada lifted its stake in VanEck Morningstar Wide Moat ETF by 10.8% in the first quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock worth $80,630,000 after acquiring an additional 81,552 shares during the period. Leelyn Smith LLC bought a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $57,004,000. Harbor Group Inc. bought a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $53,492,000. Finally, Whitaker Myers Wealth Managers LTD. grew its holdings in VanEck Morningstar Wide Moat ETF by 6.2% during the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 430,701 shares of the company’s stock worth $44,776,000 after acquiring an additional 25,230 shares in the last quarter.
VanEck Morningstar Wide Moat ETF Stock Down 0.1%
Shares of MOAT stock opened at $116.89 on Wednesday. The firm has a market cap of $12.23 billion, a price-to-earnings ratio of 22.24 and a beta of 0.97. The company’s 50 day moving average is $110.37 and its 200 day moving average is $105.65. VanEck Morningstar Wide Moat ETF has a 52-week low of $94.07 and a 52-week high of $118.52.
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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.
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