VanEck Morningstar International Moat ETF (BATS:MOTI) Trading Down 2% – Should You Sell?

Shares of VanEck Morningstar International Moat ETF (BATS:MOTI) fell 2% on Monday . The stock traded as low as $29.34 and last traded at $29.35. 15,865 shares changed hands during mid-day trading, The stock had previously closed at $29.94.

VanEck Morningstar International Moat ETF Trading Down 2.0 %

The firm has a market cap of $206.92 million, a P/E ratio of 12.33 and a beta of 0.95. The business has a 50-day moving average price of $31.71 and a 200-day moving average price of $32.44.

VanEck Morningstar International Moat ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a dividend of $1.45 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Hedge Funds Weigh In On VanEck Morningstar International Moat ETF

Institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. grew its stake in VanEck Morningstar International Moat ETF by 19.5% in the third quarter. JPMorgan Chase & Co. now owns 40,890 shares of the company’s stock valued at $1,433,000 after purchasing an additional 6,684 shares during the last quarter. Stifel Financial Corp grew its position in shares of VanEck Morningstar International Moat ETF by 0.9% in the 3rd quarter. Stifel Financial Corp now owns 53,902 shares of the company’s stock worth $1,889,000 after buying an additional 486 shares during the last quarter. First Horizon Advisors Inc. bought a new position in shares of VanEck Morningstar International Moat ETF during the 3rd quarter worth approximately $77,000. Mengis Capital Management Inc. lifted its position in VanEck Morningstar International Moat ETF by 11.6% during the third quarter. Mengis Capital Management Inc. now owns 22,720 shares of the company’s stock valued at $796,000 after acquiring an additional 2,355 shares during the last quarter. Finally, Creekside Partners acquired a new stake in VanEck Morningstar International Moat ETF in the second quarter valued at approximately $375,000.

VanEck Morningstar International Moat ETF Company Profile

The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation.