PNC Financial Services Group Inc. Reduces Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

PNC Financial Services Group Inc. cut its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,060 shares of the company’s stock after selling 179 shares during the quarter. PNC Financial Services Group Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,430,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in VanEck Morningstar Wide Moat ETF during the second quarter valued at about $26,000. Mather Group LLC. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at approximately $32,000. Pinnacle Financial Partners Inc boosted its holdings in VanEck Morningstar Wide Moat ETF by 81.1% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after buying an additional 167 shares during the period. Fairman Group LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at approximately $41,000. Finally, Cullen Frost Bankers Inc. bought a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at $50,000.

VanEck Morningstar Wide Moat ETF Stock Up 1.3 %

VanEck Morningstar Wide Moat ETF stock opened at $98.71 on Tuesday. The company has a market capitalization of $16.69 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The stock has a 50 day moving average of $96.13 and a two-hundred day moving average of $91.74.

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.