Summit Asset Management LLC Has $34.13 Million Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Summit Asset Management LLC raised its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 352,020 shares of the company’s stock after buying an additional 17,935 shares during the period. VanEck Morningstar Wide Moat ETF comprises about 6.4% of Summit Asset Management LLC’s investment portfolio, making the stock its 3rd biggest position. Summit Asset Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $34,128,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in MOAT. Main Street Financial Solutions LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 23.3% during the 3rd quarter. Main Street Financial Solutions LLC now owns 17,943 shares of the company’s stock valued at $1,740,000 after purchasing an additional 3,395 shares during the last quarter. Parametrica Management Ltd purchased a new stake in VanEck Morningstar Wide Moat ETF in the third quarter worth approximately $3,975,000. Oppenheimer & Co. Inc. grew its position in VanEck Morningstar Wide Moat ETF by 0.6% during the third quarter. Oppenheimer & Co. Inc. now owns 118,214 shares of the company’s stock valued at $11,461,000 after acquiring an additional 707 shares during the last quarter. Pinnacle Financial Partners Inc raised its stake in shares of VanEck Morningstar Wide Moat ETF by 81.1% during the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares in the last quarter. Finally, Mengis Capital Management Inc. raised its stake in shares of VanEck Morningstar Wide Moat ETF by 3.2% during the third quarter. Mengis Capital Management Inc. now owns 54,983 shares of the company’s stock worth $5,331,000 after acquiring an additional 1,719 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 0.0 %

Shares of VanEck Morningstar Wide Moat ETF stock opened at $97.38 on Thursday. The firm has a 50-day simple moving average of $95.74 and a two-hundred day simple moving average of $91.12. The stock has a market cap of $16.47 billion, a PE 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.