Financial Partners Group LLC Boosts Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Financial Partners Group LLC lifted its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 31,783 shares of the company’s stock after acquiring an additional 1,654 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises about 1.1% of Financial Partners Group LLC’s portfolio, making the stock its 27th biggest holding. Financial Partners Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,753,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF in the second quarter valued at approximately $26,000. Mather Group LLC. acquired a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $32,000. Salomon & Ludwin LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the 1st quarter worth $36,000. Cape Investment Advisory Inc. raised its position in VanEck Morningstar Wide Moat ETF by 93.8% during the fourth quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock worth $40,000 after acquiring an additional 227 shares during the period. Finally, Global Trust Asset Management LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 80.0% during the first quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock worth $40,000 after purchasing an additional 200 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Down 0.3 %

Shares of MOAT traded down $0.28 during mid-day trading on Monday, hitting $88.70. 527,234 shares of the company were exchanged. The stock has a market cap of $15.00 billion, a PE ratio of 28.30 and a beta of 1.01. The firm’s fifty day simple moving average is $87.64 and its 200 day simple moving average is $87.12.

VanEck Morningstar Wide Moat ETF Profile

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.