Prospera Financial Services Inc Trims Stake in VanEck Agribusiness ETF (NYSEARCA:MOO)

Prospera Financial Services Inc decreased its stake in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 7.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,823 shares of the company’s stock after selling 389 shares during the quarter. Prospera Financial Services Inc’s holdings in VanEck Agribusiness ETF were worth $364,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. 1832 Asset Management L.P. lifted its stake in shares of VanEck Agribusiness ETF by 5.6% during the second quarter. 1832 Asset Management L.P. now owns 538,396 shares of the company’s stock valued at $37,752,000 after buying an additional 28,569 shares during the period. Cerity Partners OCIO LLC acquired a new stake in shares of VanEck Agribusiness ETF during the second quarter worth $22,630,000. Jane Street Group LLC boosted its holdings in shares of VanEck Agribusiness ETF by 70.2% during the first quarter. Jane Street Group LLC now owns 305,143 shares of the company’s stock worth $22,925,000 after purchasing an additional 125,854 shares during the last quarter. Parkside Investments LLC increased its stake in VanEck Agribusiness ETF by 11.2% in the second quarter. Parkside Investments LLC now owns 125,780 shares of the company’s stock valued at $8,820,000 after purchasing an additional 12,665 shares during the last quarter. Finally, Bank of Montreal Can lifted its position in VanEck Agribusiness ETF by 1,013.4% during the second quarter. Bank of Montreal Can now owns 59,722 shares of the company’s stock worth $4,188,000 after buying an additional 54,358 shares during the period.

VanEck Agribusiness ETF Trading Up 0.5 %

Shares of NYSEARCA:MOO opened at $71.52 on Monday. VanEck Agribusiness ETF has a 12-month low of $67.57 and a 12-month high of $77.63. The stock’s 50-day moving average price is $72.58 and its two-hundred day moving average price is $71.96. The firm has a market cap of $772.42 million, a price-to-earnings ratio of 8.36 and a beta of 0.85.

About VanEck Agribusiness ETF

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.