Riverchase Wealth Management LLC Invests $291,000 in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Riverchase Wealth Management LLC purchased a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the fourth quarter, Holdings Channel.com reports. The firm purchased 3,137 shares of the company’s stock, valued at approximately $291,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Trilogy Capital Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 1.2% during the 4th quarter. Trilogy Capital Inc. now owns 8,531 shares of the company’s stock worth $791,000 after buying an additional 104 shares during the period. PFG Investments LLC grew its position in VanEck Morningstar Wide Moat ETF by 1.0% in the fourth quarter. PFG Investments LLC now owns 11,817 shares of the company’s stock valued at $1,096,000 after purchasing an additional 121 shares in the last quarter. Comprehensive Financial Consultants Institutional Inc. increased its position in shares of VanEck Morningstar Wide Moat ETF by 0.6% in the fourth quarter. Comprehensive Financial Consultants Institutional Inc. now owns 19,292 shares of the company’s stock valued at $1,789,000 after acquiring an additional 123 shares during the last quarter. Glass Jacobson Investment Advisors llc raised its stake in shares of VanEck Morningstar Wide Moat ETF by 4.6% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 2,826 shares of the company’s stock worth $274,000 after purchasing an additional 125 shares in the last quarter. Finally, Cornell Pochily Investment Advisors Inc. raised its position in VanEck Morningstar Wide Moat ETF by 0.5% during the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 25,300 shares of the company’s stock worth $2,346,000 after acquiring an additional 130 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of VanEck Morningstar Wide Moat ETF stock opened at $89.30 on Friday. VanEck Morningstar Wide Moat ETF has a 1 year low of $83.63 and a 1 year high of $99.06. The company has a market capitalization of $13.74 billion, a price-to-earnings ratio of 24.14 and a beta of 1.04. The business has a fifty day simple moving average of $92.14 and a two-hundred day simple moving average of $94.45.

VanEck Morningstar Wide Moat ETF Company 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.