21,266 Shares in VanEck Morningstar SMID Moat ETF (BATS:SMOT) Purchased by Stegent Equity Advisors Inc.

Stegent Equity Advisors Inc. acquired a new position in VanEck Morningstar SMID Moat ETF (BATS:SMOT) during the 3rd quarter, HoldingsChannel reports. The fund acquired 21,266 shares of the company’s stock, valued at approximately $745,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC bought a new position in shares of VanEck Morningstar SMID Moat ETF during the 2nd quarter worth $42,000. Lynx Investment Advisory purchased a new stake in VanEck Morningstar SMID Moat ETF during the second quarter valued at about $156,000. Stonebridge Financial Planning Group LLC bought a new position in VanEck Morningstar SMID Moat ETF during the second quarter worth about $275,000. Tranquility Partners LLC increased its stake in shares of VanEck Morningstar SMID Moat ETF by 28.1% in the first quarter. Tranquility Partners LLC now owns 8,727 shares of the company’s stock worth $298,000 after purchasing an additional 1,915 shares in the last quarter. Finally, Global X Japan Co. Ltd. increased its stake in shares of VanEck Morningstar SMID Moat ETF by 32.8% in the second quarter. Global X Japan Co. Ltd. now owns 10,012 shares of the company’s stock worth $320,000 after purchasing an additional 2,474 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Price Performance

Shares of SMOT stock traded up $0.10 during trading on Friday, reaching $35.67. 33,562 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $34.01 and a 200-day moving average price of $32.91. The company has a market capitalization of $378.10 million, a P/E ratio of 16.99 and a beta of 1.10.

VanEck Morningstar SMID Moat ETF Company 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.