Commonwealth Equity Services LLC Raises Stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Commonwealth Equity Services LLC lifted its position in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 64.2% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 24,550 shares of the company’s stock after purchasing an additional 9,595 shares during the quarter. Commonwealth Equity Services LLC’s holdings in VanEck Morningstar SMID Moat ETF were worth $785,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. Lowe Wealth Advisors LLC boosted its holdings in VanEck Morningstar SMID Moat ETF by 7.3% in the 2nd quarter. Lowe Wealth Advisors LLC now owns 10,164 shares of the company’s stock worth $325,000 after acquiring an additional 694 shares during the period. Orion Portfolio Solutions LLC boosted its holdings in VanEck Morningstar SMID Moat ETF by 2.1% in the 4th quarter. Orion Portfolio Solutions LLC now owns 49,062 shares of the company’s stock worth $1,524,000 after acquiring an additional 1,026 shares during the period. Tranquility Partners LLC boosted its holdings in VanEck Morningstar SMID Moat ETF by 11.8% in the 2nd quarter. Tranquility Partners LLC now owns 9,760 shares of the company’s stock worth $312,000 after acquiring an additional 1,033 shares during the period. GPS Wealth Strategies Group LLC purchased a new position in VanEck Morningstar SMID Moat ETF in the 2nd quarter worth approximately $42,000. Finally, Woodmont Investment Counsel LLC boosted its holdings in VanEck Morningstar SMID Moat ETF by 1.1% in the 1st quarter. Woodmont Investment Counsel LLC now owns 145,646 shares of the company’s stock worth $4,968,000 after acquiring an additional 1,643 shares during the period.

VanEck Morningstar SMID Moat ETF Stock Performance

BATS SMOT opened at $34.09 on Thursday. The business has a fifty day moving average of $33.10 and a 200 day moving average of $32.67. The stock has a market cap of $361.35 million, a PE ratio of 16.99 and a beta of 1.10.

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.