Etesian Wealth Advisors Inc. Buys 2,833 Shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Etesian Wealth Advisors Inc. increased its position in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 30.3% in the 1st quarter, HoldingsChannel reports. The firm owned 12,176 shares of the company’s stock after acquiring an additional 2,833 shares during the quarter. Etesian Wealth Advisors Inc.’s holdings in VanEck Morningstar SMID Moat ETF were worth $415,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Lowe Wealth Advisors LLC boosted its position in VanEck Morningstar SMID Moat ETF by 8.3% during the first quarter. Lowe Wealth Advisors LLC now owns 9,470 shares of the company’s stock valued at $323,000 after acquiring an additional 725 shares during the last quarter. Orion Portfolio Solutions LLC increased its position 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 valued at $1,524,000 after buying an additional 1,026 shares in the last quarter. Private Advisor Group LLC grew its stake in VanEck Morningstar SMID Moat ETF by 13.3% in the fourth quarter. Private Advisor Group LLC now owns 14,217 shares of the company’s stock valued at $448,000 after acquiring an additional 1,667 shares during the period. Truist Financial Corp increased its holdings in shares of VanEck Morningstar SMID Moat ETF by 4.8% during the fourth quarter. Truist Financial Corp now owns 48,479 shares of the company’s stock valued at $1,527,000 after acquiring an additional 2,209 shares in the last quarter. Finally, Acorn Wealth Advisors LLC increased its holdings in shares of VanEck Morningstar SMID Moat ETF by 32.6% during the fourth quarter. Acorn Wealth Advisors LLC now owns 12,913 shares of the company’s stock valued at $407,000 after acquiring an additional 3,175 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Price Performance

VanEck Morningstar SMID Moat ETF stock traded down $0.25 during trading on Wednesday, hitting $31.86. 58,187 shares of the company were exchanged. The firm has a 50 day simple moving average of $32.13 and a 200 day simple moving average of $31.99. The company has a market capitalization of $337.72 million, a P/E ratio of 16.99 and a beta of 1.10.

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.