Raymond James Financial Inc. Acquires New Position in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Raymond James Financial Inc. acquired a new stake in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) during the fourth quarter, HoldingsChannel reports. The fund acquired 244,510 shares of the company’s stock, valued at approximately $8,428,000.

A number of other large investors also recently modified their holdings of SMOT. Prospera Financial Services Inc raised its holdings in shares of VanEck Morningstar SMID Moat ETF by 15.8% during the 3rd quarter. Prospera Financial Services Inc now owns 10,690 shares of the company’s stock valued at $374,000 after buying an additional 1,455 shares in the last quarter. Acorn Wealth Advisors LLC increased its stake in VanEck Morningstar SMID Moat ETF by 15.1% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 35,897 shares of the company’s stock worth $1,257,000 after purchasing an additional 4,707 shares during the period. TRUE Private Wealth Advisors increased its stake in VanEck Morningstar SMID Moat ETF by 414.7% in the 3rd quarter. TRUE Private Wealth Advisors now owns 70,533 shares of the company’s stock worth $2,471,000 after purchasing an additional 56,830 shares during the period. Atlas Wealth LLC increased its stake in VanEck Morningstar SMID Moat ETF by 3.2% in the 3rd quarter. Atlas Wealth LLC now owns 10,341 shares of the company’s stock worth $362,000 after purchasing an additional 320 shares during the period. Finally, HighTower Advisors LLC increased its stake in VanEck Morningstar SMID Moat ETF by 30.8% in the 3rd quarter. HighTower Advisors LLC now owns 57,162 shares of the company’s stock worth $1,987,000 after purchasing an additional 13,456 shares during the period.

VanEck Morningstar SMID Moat ETF Price Performance

Shares of VanEck Morningstar SMID Moat ETF stock opened at $33.25 on Friday. The business’s 50 day simple moving average is $35.17 and its two-hundred day simple moving average is $35.23. The stock has a market capitalization of $421.65 million, a P/E ratio of 17.93 and a beta of 1.31. VanEck Morningstar SMID Moat ETF has a one year low of $30.97 and a one year high of $37.70.

VanEck Morningstar SMID Moat ETF Company Profile

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.