Private Advisor Group LLC Sells 980 Shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Private Advisor Group LLC lowered its stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 9.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 9,043 shares of the company’s stock after selling 980 shares during the quarter. Private Advisor Group LLC’s holdings in VanEck Morningstar SMID Moat ETF were worth $317,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Eastern Bank purchased a new position in shares of VanEck Morningstar SMID Moat ETF in the 3rd quarter worth approximately $35,000. GPS Wealth Strategies Group LLC purchased a new position in shares of VanEck Morningstar SMID Moat ETF in the 2nd quarter worth approximately $42,000. Lynx Investment Advisory bought a new stake in shares of VanEck Morningstar SMID Moat ETF during the 2nd quarter worth approximately $156,000. Stonebridge Financial Planning Group LLC bought a new stake in shares of VanEck Morningstar SMID Moat ETF during the 2nd quarter worth approximately $275,000. Finally, Tranquility Partners LLC lifted its stake in shares of VanEck Morningstar SMID Moat ETF by 28.1% during the 1st quarter. Tranquility Partners LLC now owns 8,727 shares of the company’s stock worth $298,000 after acquiring an additional 1,915 shares during the last quarter.

VanEck Morningstar SMID Moat ETF Price Performance

Shares of SMOT stock opened at $36.37 on Thursday. The company has a market cap of $385.52 million, a price-to-earnings ratio of 16.99 and a beta of 1.10. The business’s 50-day simple moving average is $34.54 and its 200 day simple moving average is $33.15.

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.