MML Investors Services LLC Reduces Stock Position in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

MML Investors Services LLC reduced its holdings in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 3.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 93,758 shares of the company’s stock after selling 2,880 shares during the period. MML Investors Services LLC’s holdings in VanEck Morningstar SMID Moat ETF were worth $3,284,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Atlas Wealth LLC grew its stake in shares of VanEck Morningstar SMID Moat ETF by 3.2% in the 3rd quarter. Atlas Wealth LLC now owns 10,341 shares of the company’s stock worth $362,000 after buying an additional 320 shares in the last quarter. Tranquility Partners LLC grew its stake in shares of VanEck Morningstar SMID Moat ETF by 8.4% in the 3rd quarter. Tranquility Partners LLC now owns 10,578 shares of the company’s stock worth $371,000 after buying an additional 818 shares in the last quarter. Eastern Bank purchased a new position in shares of VanEck Morningstar SMID Moat ETF in the 3rd quarter worth $35,000. TPG Advisors LLC grew its stake in shares of VanEck Morningstar SMID Moat ETF by 2.3% in the 3rd quarter. TPG Advisors LLC now owns 46,887 shares of the company’s stock worth $1,642,000 after buying an additional 1,037 shares in the last quarter. Finally, Stonebridge Financial Planning Group LLC grew its stake in shares of VanEck Morningstar SMID Moat ETF by 16.1% in the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 9,993 shares of the company’s stock worth $350,000 after buying an additional 1,385 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Stock Down 0.7 %

VanEck Morningstar SMID Moat ETF stock opened at $36.39 on Friday. The business has a 50-day moving average price of $35.93 and a 200-day moving average price of $33.96. The company has a market cap of $385.73 million, a price-to-earnings 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.