(GMVM) VanEck Morningstar US - Ratings and Ratios

The VanEck Morningstar US Sustainable Wide Moat UCITS ETF (XETRA: GMVM) is an exchange-traded fund designed to track the performance of the Morningstar US Large-Mid NR USD Index. The fund focuses on U.S. large-cap and mid-cap companies with sustainable competitive advantages, or wide moats, as identified by Morningstars equity research team. It incorporates ESG criteria, aiming to invest in firms with strong financial health and competitive positioning while maintaining a lower carbon footprint.

As of the latest data, GMVM trades on XETRA with an average 20-day volume of 10,061 shares. Its current price is 57.34 EUR, slightly below its 20-day SMA of 57.71 and 50-day SMA of 58.12, but above its 200-day SMA of 55.03. The ATR of 0.60 indicates moderate price volatility. The fund has an AUM of 525.78 million EUR, reflecting its popularity among investors seeking exposure to U.S. equities with a sustainability focus.

3-Month Forecast:

Technical Outlook: The ETF is currently trading near its 20-day and 50-day moving averages, suggesting a neutral short-term trend. However, its position above the 200-day SMA indicates long-term bullish momentum. The ATR of 0.60 suggests that price fluctuations are likely to remain moderate, with potential resistance near 58.50 and support around 55.50.

Fundamental Outlook: The underlying Morningstar US Large-Mid NR USD Index is composed of high-quality companies with strong moats and improving ESG profiles. Given the current market environment, sectors with resilient earnings and strong balance sheets are expected to outperform. The funds ESG focus may attract inflows as sustainability themes gain traction among investors.

Price Range Estimate: Based on the ATR and current price levels, GMVM is expected to trade within a range of 56.50 to 58.50 over the next three months, with potential for upside if broader market conditions improve.