Kinetic Wealth Investment Advisors LLC Invests $1.29 Million in VanEck Morningstar Wide Moat ETF $MOAT

by · The Cerbat Gem

Kinetic Wealth Investment Advisors LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOATFree Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,418 shares of the company’s stock, valued at approximately $1,291,000. VanEck Morningstar Wide Moat ETF accounts for 0.6% of Kinetic Wealth Investment Advisors LLC’s investment portfolio, making the stock its 24th largest position.

A number of other large investors have also modified their holdings of the company. LPL Financial LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 2.8% during the fourth quarter. LPL Financial LLC now owns 6,583,657 shares of the company’s stock worth $681,803,000 after buying an additional 180,972 shares in the last quarter. Boulay Financial Advisors LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 0.6% in the 4th quarter. Boulay Financial Advisors LLC now owns 2,132,699 shares of the company’s stock valued at $220,862,000 after buying an additional 13,325 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 10.8% during the 1st quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock worth $80,630,000 after acquiring an additional 81,552 shares during the period. Verde Capital Management lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 5.1% during the 1st quarter. Verde Capital Management now owns 658,249 shares of the company’s stock worth $63,653,000 after acquiring an additional 31,931 shares during the period. Finally, Sfmg LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.5% during the 4th quarter. Sfmg LLC now owns 640,814 shares of the company’s stock worth $66,363,000 after acquiring an additional 9,698 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

BATS MOAT opened at $111.73 on Tuesday. The stock has a market cap of $15.08 billion, a P/E ratio of 22.53 and a beta of 1.02. The company’s 50-day simple moving average is $109.64 and its 200 day simple moving average is $104.14. VanEck Morningstar Wide Moat ETF has a twelve month low of $94.07 and a twelve month high of $115.58.

VanEck Morningstar Wide Moat ETF Company Profile

(Free Report)

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.

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