VanEck Morningstar SMID Moat ETF $SMOT Shares Newly Purchased by TPG Advisors LLC

TPG Advisors LLC bought a new position in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 47,684 shares of the company’s stock, valued at approximately $1,787,000. VanEck Morningstar SMID Moat ETF makes up about 0.9% of TPG Advisors LLC’s portfolio, making the stock its 26th biggest position.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SMOT. Stephens Inc. AR boosted its stake in shares of VanEck Morningstar SMID Moat ETF by 4.4% in the 1st quarter. Stephens Inc. AR now owns 51,559 shares of the company’s stock valued at $1,814,000 after purchasing an additional 2,191 shares in the last quarter. Western Wealth Management LLC acquired a new stake in VanEck Morningstar SMID Moat ETF in the first quarter valued at approximately $82,000. Paladin Wealth LLC boosted its position in VanEck Morningstar SMID Moat ETF by 10.1% in the second quarter. Paladin Wealth LLC now owns 33,637 shares of the company’s stock valued at $1,307,000 after buying an additional 3,075 shares in the last quarter. Royal Bank of Canada boosted its position in VanEck Morningstar SMID Moat ETF by 60.4% in the first quarter. Royal Bank of Canada now owns 15,888 shares of the company’s stock valued at $559,000 after buying an additional 5,981 shares in the last quarter. Finally, Stegent Equity Advisors Inc. bought a new stake in shares of VanEck Morningstar SMID Moat ETF during the third quarter worth $293,000.

VanEck Morningstar SMID Moat ETF Stock Down 0.3%

Shares of BATS:SMOT traded down $0.11 during trading on Friday, hitting $39.07. 13,644 shares of the company were exchanged, compared to its average volume of 32,029. The business’s 50 day moving average is $39.42 and its 200-day moving average is $38.53. The company has a market capitalization of $434.85 million, a P/E ratio of 17.96 and a beta of 1.28. VanEck Morningstar SMID Moat ETF has a 1-year low of $34.25 and a 1-year high of $41.37.

VanEck Morningstar SMID Moat ETF Profile

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations. SMOT was launched on Oct 4, 2022 and is managed by VanEck.