Van ECK Associates Corp Decreases Stock Holdings in VanEck Agribusiness ETF (NYSEARCA:MOO)

Van ECK Associates Corp reduced its holdings in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 2.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,173 shares of the company’s stock after selling 247 shares during the period. Van ECK Associates Corp owned about 0.10% of VanEck Agribusiness ETF worth $806,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. US Bancorp DE increased its holdings in VanEck Agribusiness ETF by 1.5% during the third quarter. US Bancorp DE now owns 24,469 shares of the company’s stock valued at $1,848,000 after buying an additional 356 shares during the last quarter. Barry Investment Advisors LLC boosted its position in shares of VanEck Agribusiness ETF by 57.7% in the third quarter. Barry Investment Advisors LLC now owns 58,314 shares of the company’s stock worth $4,403,000 after purchasing an additional 21,335 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in shares of VanEck Agribusiness ETF in the third quarter worth approximately $205,000. Pettinga Financial Advisors LLC boosted its position in shares of VanEck Agribusiness ETF by 22.8% in the third quarter. Pettinga Financial Advisors LLC now owns 7,800 shares of the company’s stock worth $589,000 after purchasing an additional 1,450 shares during the period. Finally, NBC Securities Inc. boosted its position in shares of VanEck Agribusiness ETF by 32.2% in the third quarter. NBC Securities Inc. now owns 3,057 shares of the company’s stock worth $230,000 after purchasing an additional 745 shares during the period.

VanEck Agribusiness ETF Price Performance

MOO opened at $71.12 on Tuesday. The firm has a market cap of $768.10 million, a P/E ratio of 8.36 and a beta of 0.85. VanEck Agribusiness ETF has a 1-year low of $67.57 and a 1-year high of $77.63. The company has a 50 day simple moving average of $72.98 and a two-hundred day simple moving average of $72.10.

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.