VanEck Morningstar SMID Moat ETF (BATS:SMOT) Trading Up 1.1% – Here’s What Happened

VanEck Morningstar SMID Moat ETF (BATS:SMOT) rose 1.1% on Tuesday . The company traded as high as $37.18 and last traded at $37.08. Approximately 17,365 shares changed hands during trading, a decline of 69% from the average daily volume of 56,724 shares. The stock had previously closed at $36.67.

VanEck Morningstar SMID Moat ETF Stock Up 1.1%

The stock has a market cap of $412.70 million, a PE ratio of 17.96 and a beta of 1.28. The business has a 50 day moving average price of $37.06 and a 200 day moving average price of $36.44.

Institutional Trading of VanEck Morningstar SMID Moat ETF

A number of hedge funds have recently added to or reduced their stakes in SMOT. Prospera Financial Services Inc raised its position in shares of VanEck Morningstar SMID Moat ETF by 23.6% in the second quarter. Prospera Financial Services Inc now owns 65,322 shares of the company’s stock worth $2,273,000 after acquiring an additional 12,457 shares during the period. Great Lakes Advisors LLC raised its holdings in VanEck Morningstar SMID Moat ETF by 7.5% in the 3rd quarter. Great Lakes Advisors LLC now owns 1,073,573 shares of the company’s stock worth $38,735,000 after purchasing an additional 74,823 shares during the period. Stiles Financial Services Inc boosted its position in VanEck Morningstar SMID Moat ETF by 5.5% during the third quarter. Stiles Financial Services Inc now owns 21,462 shares of the company’s stock worth $774,000 after purchasing an additional 1,127 shares in the last quarter. Paladin Wealth LLC grew its holdings in VanEck Morningstar SMID Moat ETF by 22.4% in the fourth quarter. Paladin Wealth LLC now owns 27,125 shares of the company’s stock valued at $982,000 after purchasing an additional 4,969 shares during the period. Finally, Gradient Investments LLC increased its position in shares of VanEck Morningstar SMID Moat ETF by 4.3% in the fourth quarter. Gradient Investments LLC now owns 822,960 shares of the company’s stock valued at $29,791,000 after buying an additional 34,296 shares in the last quarter.

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. SMOT was launched on Oct 4, 2022 and is managed by VanEck.