Balboa Wealth Partners Sells 1,153 Shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Balboa Wealth Partners reduced its position in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 11.9% in the 3rd quarter, Holdings Channel reports. The firm owned 8,519 shares of the company’s stock after selling 1,153 shares during the quarter. Balboa Wealth Partners’ holdings in VanEck Morningstar SMID Moat ETF were worth $298,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Gradient Investments LLC lifted its position in VanEck Morningstar SMID Moat ETF by 34.7% in the second quarter. Gradient Investments LLC now owns 1,345,893 shares of the company’s stock worth $43,015,000 after purchasing an additional 346,346 shares during the period. Thrivent Financial for Lutherans lifted its holdings in shares of VanEck Morningstar SMID Moat ETF by 1.8% during the second quarter. Thrivent Financial for Lutherans now owns 558,216 shares of the company’s stock valued at $17,841,000 after acquiring an additional 9,814 shares during the period. Mesirow Financial Investment Management Inc. lifted its holdings in shares of VanEck Morningstar SMID Moat ETF by 0.8% during the third quarter. Mesirow Financial Investment Management Inc. now owns 259,109 shares of the company’s stock valued at $9,077,000 after acquiring an additional 1,966 shares during the period. Raymond James & Associates lifted its holdings in shares of VanEck Morningstar SMID Moat ETF by 1.3% during the third quarter. Raymond James & Associates now owns 169,087 shares of the company’s stock valued at $5,923,000 after acquiring an additional 2,244 shares during the period. Finally, Woodmont Investment Counsel LLC lifted its holdings in shares of VanEck Morningstar SMID Moat ETF by 4.3% during the third quarter. Woodmont Investment Counsel LLC now owns 159,410 shares of the company’s stock valued at $5,584,000 after acquiring an additional 6,560 shares during the period.

VanEck Morningstar SMID Moat ETF Stock Performance

Shares of BATS SMOT opened at $35.68 on Friday. The company has a market capitalization of $378.21 million, a PE ratio of 16.99 and a beta of 1.10. The firm’s 50-day moving average is $34.91 and its two-hundred day moving average is $33.34.

About VanEck Morningstar SMID Moat ETF

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.