ARQ Wealth Advisors LLC Acquires 1,537 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

ARQ Wealth Advisors LLC increased its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 35.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,879 shares of the company’s stock after buying an additional 1,537 shares during the period. ARQ Wealth Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $499,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cape Investment Advisory Inc. lifted its position in VanEck Morningstar Wide Moat ETF by 93.8% during the fourth quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock valued at $40,000 after acquiring an additional 227 shares during the last quarter. Providence Capital Advisors LLC lifted its position in VanEck Morningstar Wide Moat ETF by 105.1% during the third quarter. Providence Capital Advisors LLC now owns 566 shares of the company’s stock valued at $43,000 after acquiring an additional 290 shares during the last quarter. Jones Financial Companies Lllp purchased a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $56,000. First PREMIER Bank lifted its position in VanEck Morningstar Wide Moat ETF by 166.7% during the fourth quarter. First PREMIER Bank now owns 800 shares of the company’s stock valued at $68,000 after acquiring an additional 500 shares during the last quarter. Finally, Sound Income Strategies LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $68,000.

VanEck Morningstar Wide Moat ETF Price Performance

BATS:MOAT traded down $0.23 during midday trading on Friday, reaching $85.72. 869,167 shares of the stock traded hands. The firm has a 50-day moving average price of $86.83 and a 200-day moving average price of $85.75. The company has a market cap of $14.50 billion, a PE ratio of 28.30 and a beta of 1.01.

About VanEck Morningstar Wide Moat ETF

The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage.