Ascentis Independent Advisors Purchases Shares of 57,978 VanEck Morningstar SMID Moat ETF $SMOT

Ascentis Independent Advisors purchased a new stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT) in the 1st quarter, HoldingsChannel reports. The fund purchased 57,978 shares of the company’s stock, valued at approximately $2,040,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Gradient Investments LLC lifted its stake 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 worth $29,791,000 after acquiring an additional 34,296 shares during the period. Vise Technologies Inc. acquired a new stake in VanEck Morningstar SMID Moat ETF during the 4th quarter valued at approximately $1,306,000. Great Lakes Advisors LLC increased its position in VanEck Morningstar SMID Moat ETF by 5.7% during the 4th quarter. Great Lakes Advisors LLC now owns 1,134,513 shares of the company’s stock valued at $41,069,000 after purchasing an additional 60,940 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in VanEck Morningstar SMID Moat ETF by 39.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 93,442 shares of the company’s stock worth $3,500,000 after purchasing an additional 26,545 shares during the last quarter. Finally, Bank of New Hampshire raised its holdings in VanEck Morningstar SMID Moat ETF by 484.3% during the 4th quarter. Bank of New Hampshire now owns 23,926 shares of the company’s stock worth $866,000 after purchasing an additional 19,831 shares during the last quarter.

VanEck Morningstar SMID Moat ETF Stock Performance

Shares of BATS SMOT opened at $39.44 on Tuesday. The company’s 50 day moving average price is $38.08 and its 200-day moving average price is $37.07. VanEck Morningstar SMID Moat ETF has a 52-week low of $34.25 and a 52-week high of $39.68. The company has a market capitalization of $438.97 million, a P/E ratio of 17.96 and a beta of 1.28.

VanEck Morningstar SMID Moat ETF 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.