1832 Asset Management L.P. Boosts Stake in VanEck Agribusiness ETF (NYSEARCA:MOO)

1832 Asset Management L.P. raised its position in VanEck Agribusiness ETF (NYSEARCA:MOO) by 5.6% during the second quarter, Holdings Channel reports. The firm owned 538,396 shares of the company’s stock after buying an additional 28,569 shares during the quarter. 1832 Asset Management L.P.’s holdings in VanEck Agribusiness ETF were worth $37,752,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Cerity Partners OCIO LLC purchased a new stake in shares of VanEck Agribusiness ETF in the 2nd quarter valued at $22,630,000. Benjamin F. Edwards & Company Inc. lifted its position in shares of VanEck Agribusiness ETF by 7.7% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 5,376 shares of the company’s stock worth $377,000 after purchasing an additional 386 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of VanEck Agribusiness ETF by 14.3% in the second quarter. Daiwa Securities Group Inc. now owns 27,150 shares of the company’s stock valued at $1,904,000 after purchasing an additional 3,400 shares during the period. MGO Private Wealth LLC grew its holdings in shares of VanEck Agribusiness ETF by 5.1% in the second quarter. MGO Private Wealth LLC now owns 13,601 shares of the company’s stock valued at $954,000 after purchasing an additional 656 shares in the last quarter. Finally, Mandatum Life Insurance Co Ltd increased its stake in VanEck Agribusiness ETF by 28.2% during the 2nd quarter. Mandatum Life Insurance Co Ltd now owns 23,778 shares of the company’s stock worth $1,667,000 after buying an additional 5,235 shares during the period.

VanEck Agribusiness ETF Stock Down 1.3 %

Shares of MOO stock opened at $73.61 on Monday. VanEck Agribusiness ETF has a 52 week low of $67.57 and a 52 week high of $80.76. The stock has a market capitalization of $794.99 million, a PE ratio of 8.36 and a beta of 0.85. The firm has a 50 day moving average of $71.79 and a two-hundred day moving average of $72.16.

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.