VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Sold by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC lessened its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 89.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 6,674 shares of the company’s stock after selling 54,054 shares during the period. Elevated Capital Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $647,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in VanEck Morningstar Wide Moat ETF during the second quarter worth approximately $26,000. Mather Group LLC. acquired a new position in VanEck Morningstar Wide Moat ETF during the second quarter worth approximately $32,000. Salomon & Ludwin LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the first quarter worth approximately $36,000. Fairman Group LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the second quarter worth approximately $41,000. Finally, Clearstead Trust LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the first quarter worth approximately $45,000.

VanEck Morningstar Wide Moat ETF Stock Down 0.3 %

Shares of MOAT stock opened at $96.40 on Thursday. The stock’s 50 day moving average is $95.10 and its 200 day moving average is $90.08. The firm has a market capitalization of $16.30 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Company 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.