Capital Analysts LLC Cuts Stock Position in VanEck Agribusiness ETF (NYSEARCA:MOO)

Capital Analysts LLC cut its holdings in VanEck Agribusiness ETF (NYSEARCA:MOO) by 25.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 590 shares of the company’s stock after selling 198 shares during the quarter. Capital Analysts LLC’s holdings in VanEck Agribusiness ETF were worth $45,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of MOO. JPMorgan Chase & Co. grew its holdings in shares of VanEck Agribusiness ETF by 91.1% in the first quarter. JPMorgan Chase & Co. now owns 9,053 shares of the company’s stock valued at $946,000 after purchasing an additional 4,315 shares in the last quarter. Raymond James & Associates grew its holdings in shares of VanEck Agribusiness ETF by 66.0% in the first quarter. Raymond James & Associates now owns 37,549 shares of the company’s stock valued at $3,925,000 after purchasing an additional 14,934 shares in the last quarter. Citigroup Inc. boosted its stake in VanEck Agribusiness ETF by 34.0% during the first quarter. Citigroup Inc. now owns 3,350 shares of the company’s stock worth $350,000 after buying an additional 850 shares during the period. PNC Financial Services Group Inc. boosted its stake in VanEck Agribusiness ETF by 275.4% during the first quarter. PNC Financial Services Group Inc. now owns 4,505 shares of the company’s stock worth $470,000 after buying an additional 3,305 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in VanEck Agribusiness ETF during the first quarter worth $303,000.

VanEck Agribusiness ETF Stock Up 0.2 %

NYSEARCA MOO opened at $71.46 on Friday. The company has a fifty day moving average of $73.00 and a two-hundred day moving average of $73.72. The firm has a market capitalization of $782.49 million, a price-to-earnings ratio of 8.42 and a beta of 0.87. VanEck Agribusiness ETF has a 52 week low of $69.93 and a 52 week high of $88.00.

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.