Raymond James & Associates Reduces Holdings in VanEck Agribusiness ETF (NYSEARCA:MOO)

Raymond James & Associates lowered its stake in VanEck Agribusiness ETF (NYSEARCA:MOO) by 27.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 12,834 shares of the company’s stock after selling 4,883 shares during the period. Raymond James & Associates’ holdings in VanEck Agribusiness ETF were worth $978,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of MOO. Sheets Smith Wealth Management acquired a new stake in shares of VanEck Agribusiness ETF during the 3rd quarter worth about $26,000. Patriot Investment Management Group Inc. purchased a new position in shares of VanEck Agribusiness ETF during the fourth quarter valued at approximately $30,000. ICA Group Wealth Management LLC acquired a new stake in VanEck Agribusiness ETF during the fourth quarter worth approximately $42,000. Worth Asset Management LLC purchased a new stake in VanEck Agribusiness ETF in the 1st quarter worth approximately $46,000. Finally, Ronald Blue Trust Inc. raised its holdings in VanEck Agribusiness ETF by 232.1% in the 3rd quarter. Ronald Blue Trust Inc. now owns 1,491 shares of the company’s stock valued at $122,000 after acquiring an additional 1,042 shares during the last quarter.

VanEck Agribusiness ETF Stock Up 0.3 %

Shares of VanEck Agribusiness ETF stock opened at $71.52 on Monday. The firm has a market cap of $783.14 million, a PE ratio of 8.42 and a beta of 0.87. VanEck Agribusiness ETF has a fifty-two week low of $69.93 and a fifty-two week high of $88.00. The business’s fifty day moving average is $73.00 and its two-hundred day moving average is $73.69.

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.