Raymond James & Associates Grows Stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Raymond James & Associates increased its stake in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 1.3% in the third quarter, Holdings Channel.com reports. The fund owned 169,087 shares of the company’s stock after purchasing an additional 2,244 shares during the period. Raymond James & Associates’ holdings in VanEck Morningstar SMID Moat ETF were worth $5,923,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. GPS Wealth Strategies Group LLC bought a new stake in shares of VanEck Morningstar SMID Moat ETF during the 2nd quarter worth approximately $42,000. Lynx Investment Advisory purchased a new stake in VanEck Morningstar SMID Moat ETF in the second quarter worth about $156,000. Stonebridge Financial Planning Group LLC purchased a new stake in shares of VanEck Morningstar SMID Moat ETF in the 2nd quarter worth approximately $275,000. Tranquility Partners LLC lifted its holdings in VanEck Morningstar SMID Moat ETF by 28.1% during the first quarter. Tranquility Partners LLC now owns 8,727 shares of the company’s stock worth $298,000 after buying an additional 1,915 shares during the period. Finally, Global X Japan Co. Ltd. lifted its stake in shares of VanEck Morningstar SMID Moat ETF by 32.8% during the 2nd quarter. Global X Japan Co. Ltd. now owns 10,012 shares of the company’s stock worth $320,000 after purchasing an additional 2,474 shares during the last quarter.

VanEck Morningstar SMID Moat ETF Stock Down 1.0 %

Shares of BATS:SMOT opened at $34.82 on Friday. The firm has a market cap of $369.09 million, a price-to-earnings ratio of 16.99 and a beta of 1.10. The company’s 50-day simple moving average is $34.39 and its 200-day simple moving average is $33.02.

About VanEck Morningstar SMID Moat ETF

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations.