Picton Mahoney Asset Management Lowers Holdings in VanEck Agribusiness ETF (NYSEARCA:MOO)

Picton Mahoney Asset Management lowered its holdings in VanEck Agribusiness ETF (NYSEARCA:MOO) by 56.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,300 shares of the company’s stock after selling 1,700 shares during the quarter. Picton Mahoney Asset Management’s holdings in VanEck Agribusiness ETF were worth $91,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of MOO. Principal Securities Inc. purchased a new position in shares of VanEck Agribusiness ETF in the fourth quarter worth $33,000. Rothschild Investment LLC bought a new stake in shares of VanEck Agribusiness ETF in the second quarter worth $42,000. BigSur Wealth Management LLC bought a new stake in shares of VanEck Agribusiness ETF in the first quarter worth $44,000. NBC Securities Inc. grew its holdings in shares of VanEck Agribusiness ETF by 759.7% in the fourth quarter. NBC Securities Inc. now owns 619 shares of the company’s stock worth $47,000 after acquiring an additional 547 shares during the period. Finally, Jones Financial Companies Lllp bought a new stake in shares of VanEck Agribusiness ETF in the fourth quarter worth $119,000.

VanEck Agribusiness ETF Price Performance

Shares of MOO opened at $73.55 on Monday. VanEck Agribusiness ETF has a one year low of $67.57 and a one year high of $84.60. The firm has a market capitalization of $794.34 million, a P/E ratio of 8.36 and a beta of 0.85. The business has a fifty day moving average of $71.01 and a 200 day moving average of $72.11.

VanEck Agribusiness ETF Profile

Market Vectors Agribusiness ETF (the Fund) replicates as closely as possible the price and yield performance of the DAXglobal Agribusiness Index (DXAG). DXAG, calculated by Deutsche Borse AG, is a modified market capitalization-weighted index consisting of publicly traded companies engaged in the agriculture business that are traded on global exchanges.