The VanEck Morningstar Wide Moat ETF (MOAT) is up 0.12% in pre-market hours on Tuesday, November 26, reaching $98.85 as of 6:37 AM ET. The underlying assets, which consist of companies with sustainable competitive advantages, are experiencing positive momentum due to a combination of favorable market conditions and investor sentiment. Recent economic data has shown resilience in consumer spending and industrial production, which has bolstered confidence in companies with strong economic moats. Additionally, the anticipation of stable interest rates from the Federal Reserve has provided a supportive backdrop for equities, particularly those with robust fundamentals.