MAI Capital Management Decreases Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

MAI Capital Management decreased its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 6.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 199,514 shares of the company’s stock after selling 14,014 shares during the quarter. MAI Capital Management’s holdings in VanEck Morningstar Wide Moat ETF were worth $19,343,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MOAT. US Bancorp DE lifted its stake in VanEck Morningstar Wide Moat ETF by 3.9% in the 1st quarter. US Bancorp DE now owns 15,571 shares of the company’s stock worth $1,400,000 after purchasing an additional 585 shares in the last quarter. Blair William & Co. IL boosted its stake in VanEck Morningstar Wide Moat ETF by 4.5% during the first quarter. Blair William & Co. IL now owns 40,156 shares of the company’s stock worth $3,610,000 after buying an additional 1,724 shares during the last quarter. Jacobi Capital Management LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 5.7% in the 1st quarter. Jacobi Capital Management LLC now owns 6,412 shares of the company’s stock valued at $576,000 after buying an additional 346 shares in the last quarter. O Shaughnessy Asset Management LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 196.4% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,082 shares of the company’s stock worth $97,000 after acquiring an additional 717 shares during the last quarter. Finally, Lake Street Advisors Group LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter worth $318,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT opened at $94.69 on Monday. The stock has a market capitalization of $16.01 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The firm has a 50-day moving average price of $95.88 and a 200-day moving average price of $91.34.

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.