Financial Services Advisory Inc Acquires New Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Financial Services Advisory Inc bought a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 43,333 shares of the company’s stock, valued at approximately $4,201,000. VanEck Morningstar Wide Moat ETF makes up approximately 1.0% of Financial Services Advisory Inc’s investment portfolio, making the stock its 24th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of MOAT. Mesirow Financial Investment Management Inc. boosted its position in shares of VanEck Morningstar Wide Moat ETF by 1.7% during the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 2,550,227 shares of the company’s stock valued at $220,942,000 after acquiring an additional 41,738 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in VanEck Morningstar Wide Moat ETF by 1.2% in the second quarter. Commonwealth Equity Services LLC now owns 2,489,450 shares of the company’s stock valued at $215,611,000 after purchasing an additional 30,142 shares in the last quarter. Raymond James & Associates lifted its position in VanEck Morningstar Wide Moat ETF by 0.3% during the third quarter. Raymond James & Associates now owns 2,386,177 shares of the company’s stock valued at $231,340,000 after purchasing an additional 7,909 shares during the last quarter. Osaic Holdings Inc. grew its stake in VanEck Morningstar Wide Moat ETF by 12.8% in the 1st quarter. Osaic Holdings Inc. now owns 1,739,857 shares of the company’s stock worth $156,380,000 after buying an additional 198,105 shares in the last quarter. Finally, CWM LLC increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 10.5% in the 3rd quarter. CWM LLC now owns 1,152,800 shares of the company’s stock worth $111,764,000 after buying an additional 109,394 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $96.39 on Thursday. The stock has a market cap of $16.30 billion, a PE ratio of 28.30 and a beta of 1.01. The firm’s fifty day moving average is $95.55 and its two-hundred day moving average is $90.76.

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.