Pekin Hardy Strauss Inc. Has $430,000 Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Pekin Hardy Strauss Inc. increased its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 19.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,970 shares of the company’s stock after acquiring an additional 820 shares during the period. Pekin Hardy Strauss Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $430,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at about $26,000. Mather Group LLC. acquired a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at about $32,000. Salomon & Ludwin LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the first quarter valued at about $36,000. Global Trust Asset Management LLC boosted its position in VanEck Morningstar Wide Moat ETF by 80.0% in the first quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock valued at $40,000 after buying an additional 200 shares in the last quarter. Finally, Cape Investment Advisory Inc. boosted its position in VanEck Morningstar Wide Moat ETF by 93.8% in the fourth quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock valued at $40,000 after buying an additional 227 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS:MOAT opened at $94.64 on Wednesday. The firm has a market capitalization of $16.00 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The company has a 50 day moving average price of $91.38 and a 200-day moving average price of $88.62.

VanEck Morningstar Wide Moat ETF Profile

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.