Janney Montgomery Scott and Root Financial boost holdings in SMID Moat ETF, while Mirae Asset sells shares.

Janney Montgomery Scott LLC increased its holdings in the VanEck Morningstar SMID Moat ETF by 8%, now owning 31,022 shares. Root Financial Partners LLC also raised its stake by 2.4%, while Mirae Asset Global Investments sold 16,000 shares. The SMID Moat ETF focuses on small- and mid-cap companies with strong competitive advantages, valued at $424.78 million, while the Wide Moat ETF tracks 40 US firms with sustainable advantages, with a market cap of $12.93 billion.