Acorn Wealth Advisors LLC raised its stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT – Free Report) by 15.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 35,897 shares of the company’s stock after purchasing an additional 4,707 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in VanEck Morningstar SMID Moat ETF were worth $1,257,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in SMOT. Eastern Bank bought a new position in shares of VanEck Morningstar SMID Moat ETF during the 3rd quarter valued at about $35,000. GPS Wealth Strategies Group LLC bought a new position in VanEck Morningstar SMID Moat ETF during the second quarter valued at approximately $42,000. Lynx Investment Advisory purchased a new position in shares of VanEck Morningstar SMID Moat ETF during the second quarter worth approximately $156,000. Whalen Wealth Management Inc. bought a new stake in shares of VanEck Morningstar SMID Moat ETF in the 3rd quarter worth approximately $211,000. Finally, Lake Street Advisors Group LLC purchased a new stake in shares of VanEck Morningstar SMID Moat ETF in the 3rd quarter valued at $277,000.
VanEck Morningstar SMID Moat ETF Stock Up 1.3 %
Shares of SMOT stock traded up $0.47 on Monday, hitting $36.84. 42,022 shares of the company’s stock traded hands. The stock has a market cap of $390.50 million, a PE ratio of 16.99 and a beta of 1.10. The firm’s 50 day moving average is $35.20 and its two-hundred day moving average is $33.49.
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.
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Want to see what other hedge funds are holding SMOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Morningstar SMID Moat ETF (BATS:SMOT – Free Report).
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