Cetera Investment Advisers Has $58.93 Million Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Cetera Investment Advisers boosted its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 675.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 655,462 shares of the company’s stock after acquiring an additional 570,901 shares during the quarter. Cetera Investment Advisers owned 0.39% of VanEck Morningstar Wide Moat ETF worth $58,926,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. ARQ Wealth Advisors LLC lifted its position in VanEck Morningstar Wide Moat ETF by 11.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 6,553 shares of the company’s stock worth $589,000 after buying an additional 674 shares in the last quarter. XML Financial LLC lifted its position in VanEck Morningstar Wide Moat ETF by 155.8% during the 1st quarter. XML Financial LLC now owns 8,110 shares of the company’s stock worth $729,000 after buying an additional 4,940 shares in the last quarter. Comerica Bank lifted its position in VanEck Morningstar Wide Moat ETF by 12.9% during the 1st quarter. Comerica Bank now owns 51,372 shares of the company’s stock worth $4,618,000 after buying an additional 5,852 shares in the last quarter. Sugar Maple Asset Management LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the 1st quarter worth about $5,420,000. Finally, Ancora Advisors LLC lifted its position in VanEck Morningstar Wide Moat ETF by 33.3% during the 1st quarter. Ancora Advisors LLC now owns 173,250 shares of the company’s stock worth $15,575,000 after buying an additional 43,234 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of VanEck Morningstar Wide Moat ETF stock traded down $1.01 during trading on Friday, hitting $89.44. 954,572 shares of the stock were exchanged. The firm has a market cap of $15.12 billion, a PE ratio of 28.30 and a beta of 1.01. The stock has a fifty day moving average of $87.45 and a two-hundred day moving average of $86.89.

About VanEck Morningstar Wide Moat ETF

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.