Apexium Financial LP Raises Holdings in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Apexium Financial LP boosted its stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 11.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 331,454 shares of the company’s stock after purchasing an additional 35,259 shares during the period. VanEck Morningstar SMID Moat ETF makes up about 0.7% of Apexium Financial LP’s investment portfolio, making the stock its 23rd biggest holding. Apexium Financial LP’s holdings in VanEck Morningstar SMID Moat ETF were worth $11,425,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Eastern Bank acquired a new position in VanEck Morningstar SMID Moat ETF during the 3rd quarter worth approximately $35,000. Whitaker Myers Wealth Managers LTD. bought a new position in shares of VanEck Morningstar SMID Moat ETF during the fourth quarter worth about $203,000. Valued Retirements Inc. bought a new stake in VanEck Morningstar SMID Moat ETF in the third quarter valued at about $211,000. Whalen Wealth Management Inc. acquired a new stake in VanEck Morningstar SMID Moat ETF during the third quarter valued at approximately $211,000. Finally, Copley Financial Group Inc. acquired a new stake in VanEck Morningstar SMID Moat ETF during the third quarter valued at approximately $258,000.

VanEck Morningstar SMID Moat ETF Stock Up 3.7 %

Shares of BATS SMOT opened at $36.01 on Monday. The company has a market cap of $381.65 million, a P/E ratio of 16.99 and a beta of 1.10. The firm has a fifty day moving average price of $35.76 and a 200 day moving average price of $34.65.

VanEck Morningstar SMID Moat ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were given a dividend of $0.4082 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About VanEck Morningstar SMID Moat ETF

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.