1620 Investment Advisors Inc. Increases Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

1620 Investment Advisors Inc. boosted its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 13.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 7,091 shares of the company’s stock after acquiring an additional 864 shares during the quarter. 1620 Investment Advisors Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $658,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MOAT. Kiker Wealth Management LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at $25,000. Kentucky Trust Co acquired a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $28,000. Bfsg LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter worth about $33,000. Empowered Funds LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at about $64,000. Finally, Truvestments Capital LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $70,000.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT opened at $89.40 on Friday. The company has a market cap of $14.04 billion, a PE ratio of 24.84 and a beta of 1.04. VanEck Morningstar Wide Moat ETF has a 1 year low of $83.63 and a 1 year high of $99.06. The firm has a 50 day moving average price of $92.40 and a 200 day moving average price of $94.61.

VanEck Morningstar Wide Moat ETF 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.