Picton Mahoney Asset Management Sells 1,500 Shares of VanEck Agribusiness ETF (NYSEARCA:MOO)

Picton Mahoney Asset Management lessened its position in VanEck Agribusiness ETF (NYSEARCA:MOO) by 75.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 500 shares of the company’s stock after selling 1,500 shares during the period. Picton Mahoney Asset Management’s holdings in VanEck Agribusiness ETF were worth $34,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Bessemer Group Inc. acquired a new position in VanEck Agribusiness ETF during the 4th quarter worth approximately $71,000. AE Wealth Management LLC increased its position in VanEck Agribusiness ETF by 53.7% during the 1st quarter. AE Wealth Management LLC now owns 1,165 shares of the company’s stock worth $79,000 after purchasing an additional 407 shares in the last quarter. Colonial Trust Co SC increased its position in VanEck Agribusiness ETF by 35.7% during the 4th quarter. Colonial Trust Co SC now owns 1,900 shares of the company’s stock worth $123,000 after purchasing an additional 500 shares in the last quarter. Anchor Investment Management LLC increased its position in VanEck Agribusiness ETF by 24.5% during the 4th quarter. Anchor Investment Management LLC now owns 2,544 shares of the company’s stock worth $164,000 after purchasing an additional 500 shares in the last quarter. Finally, Alpine Woods Capital Investors LLC acquired a new position in VanEck Agribusiness ETF during the 1st quarter worth approximately $204,000.

VanEck Agribusiness ETF Stock Performance

Shares of NYSEARCA MOO opened at $72.48 on Friday. VanEck Agribusiness ETF has a 52-week low of $59.58 and a 52-week high of $76.19. The firm has a 50 day moving average price of $73.68 and a two-hundred day moving average price of $69.94. The stock has a market cap of $637.82 million, a P/E ratio of 19.69 and a beta of 0.93.

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.