Daiwa Securities Group Inc. Has $2 Million Holdings in VanEck Agribusiness ETF (NYSEARCA:MOO)

Daiwa Securities Group Inc. lifted its holdings in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 14.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 31,050 shares of the company’s stock after purchasing an additional 3,900 shares during the period. Daiwa Securities Group Inc.’s holdings in VanEck Agribusiness ETF were worth $2,003,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Coastline Trust Co acquired a new position in shares of VanEck Agribusiness ETF during the third quarter worth $45,000. Truvestments Capital LLC bought a new position in VanEck Agribusiness ETF during the third quarter worth $53,000. SBI Securities Co. Ltd. bought a new position in VanEck Agribusiness ETF during the fourth quarter worth $111,000. CreativeOne Wealth LLC bought a new position in VanEck Agribusiness ETF during the third quarter worth $214,000. Finally, Sovran Advisors LLC bought a new position in VanEck Agribusiness ETF during the fourth quarter worth $297,000.

VanEck Agribusiness ETF Stock Up 1.8 %

Shares of NYSEARCA MOO opened at $68.09 on Friday. VanEck Agribusiness ETF has a twelve month low of $63.91 and a twelve month high of $76.19. The firm has a fifty day simple moving average of $67.71 and a 200 day simple moving average of $70.05. The company has a market capitalization of $571.96 million, a PE ratio of 17.87 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.