Copley Financial Group Inc. Makes New $4.26 Million Investment in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Copley Financial Group Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 43,910 shares of the company’s stock, valued at approximately $4,257,000. VanEck Morningstar Wide Moat ETF comprises 3.9% of Copley Financial Group Inc.’s investment portfolio, making the stock its 5th biggest holding.

Other institutional investors also recently modified their holdings of the company. LPL Financial LLC grew its stake in VanEck Morningstar Wide Moat ETF by 8.4% during the third quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock worth $763,745,000 after purchasing an additional 613,683 shares during the period. Redhawk Wealth Advisors Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 11,390.1% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 316,668 shares of the company’s stock worth $30,701,000 after buying an additional 313,912 shares during the period. Brookstone Capital Management lifted its position in shares of VanEck Morningstar Wide Moat ETF by 40.8% during the 2nd quarter. Brookstone Capital Management now owns 987,292 shares of the company’s stock valued at $88,461,000 after acquiring an additional 285,929 shares during the period. Magnolia Capital Advisors LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the second quarter worth $14,150,000. Finally, Eagle Strategies LLC increased its stake in VanEck Morningstar Wide Moat ETF by 652.6% in the second quarter. Eagle Strategies LLC now owns 182,448 shares of the company’s stock valued at $15,802,000 after purchasing an additional 158,206 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

VanEck Morningstar Wide Moat ETF stock traded down $0.43 during midday trading on Friday, reaching $97.77. The stock had a trading volume of 458,776 shares. The business has a 50 day moving average price of $96.81 and a two-hundred day moving average price of $92.55. The company has a market cap of $16.53 billion, a P/E ratio of 28.30 and a beta of 1.01.

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.