HighTower Advisors LLC Lowers Stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

HighTower Advisors LLC cut its stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 9.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,001 shares of the company’s stock after selling 5,161 shares during the quarter. HighTower Advisors LLC’s holdings in VanEck Morningstar SMID Moat ETF were worth $1,792,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Sierra Ocean LLC acquired a new stake in shares of VanEck Morningstar SMID Moat ETF during the 4th quarter worth approximately $146,000. Whitaker Myers Wealth Managers LTD. acquired a new stake in VanEck Morningstar SMID Moat ETF in the 4th quarter valued at approximately $203,000. Global X Japan Co. Ltd. increased its holdings in VanEck Morningstar SMID Moat ETF by 20.2% in the 4th quarter. Global X Japan Co. Ltd. now owns 6,016 shares of the company’s stock valued at $207,000 after purchasing an additional 1,009 shares during the last quarter. Valued Retirements Inc. acquired a new stake in VanEck Morningstar SMID Moat ETF in the 3rd quarter valued at approximately $211,000. Finally, IFP Advisors Inc boosted its position in VanEck Morningstar SMID Moat ETF by 249.4% in the 4th quarter. IFP Advisors Inc now owns 6,310 shares of the company’s stock valued at $218,000 after buying an additional 4,504 shares during the period.

VanEck Morningstar SMID Moat ETF Stock Down 4.3 %

Shares of SMOT stock opened at $33.25 on Monday. VanEck Morningstar SMID Moat ETF has a 52 week low of $30.97 and a 52 week high of $37.70. The stock has a market capitalization of $421.65 million, a PE ratio of 17.93 and a beta of 1.31. The firm has a 50 day moving average of $35.17 and a two-hundred day moving average of $35.25.

VanEck Morningstar SMID Moat ETF Company 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.