Wealth Enhancement Advisory Services LLC Invests $397,000 in VanEck Agribusiness ETF $MOO

Wealth Enhancement Advisory Services LLC acquired a new stake in VanEck Agribusiness ETF (NYSEARCA:MOO) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 5,268 shares of the company’s stock, valued at approximately $397,000. Wealth Enhancement Advisory Services LLC owned approximately 0.06% of VanEck Agribusiness ETF as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. boosted its position in VanEck Agribusiness ETF by 4.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 4,665 shares of the company’s stock valued at $317,000 after buying an additional 199 shares during the period. Pettinga Financial Advisors LLC lifted its stake in shares of VanEck Agribusiness ETF by 5.2% in the 1st quarter. Pettinga Financial Advisors LLC now owns 6,040 shares of the company’s stock valued at $410,000 after acquiring an additional 300 shares during the last quarter. Wormser Freres Gestion boosted its holdings in VanEck Agribusiness ETF by 100.0% during the 1st quarter. Wormser Freres Gestion now owns 700 shares of the company’s stock valued at $48,000 after acquiring an additional 350 shares during the period. AE Wealth Management LLC grew 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 acquiring an additional 407 shares during the last quarter. Finally, Blair William & Co. IL increased its stake in VanEck Agribusiness ETF by 6.5% in the 1st quarter. Blair William & Co. IL now owns 7,873 shares of the company’s stock worth $534,000 after purchasing an additional 480 shares during the period.

VanEck Agribusiness ETF Stock Performance

Shares of MOO stock opened at $74.00 on Tuesday. The company has a market capitalization of $606.80 million, a P/E ratio of 19.69 and a beta of 0.93. VanEck Agribusiness ETF has a fifty-two week low of $59.58 and a fifty-two week high of $75.91. The stock has a 50 day moving average price of $73.87 and a two-hundred day moving average price of $71.85.

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.