Fortis Advisors LLC acquired a new stake in shares of VanEck Agribusiness ETF (NYSEARCA:MOO – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 44,178 shares of the company’s stock, valued at approximately $3,336,000. VanEck Agribusiness ETF accounts for 2.2% of Fortis Advisors LLC’s investment portfolio, making the stock its 13th largest holding.
Several other large investors have also recently bought and sold shares of the company. Rothschild Investment LLC bought a new position in shares of VanEck Agribusiness ETF during the second quarter worth $42,000. BigSur Wealth Management LLC acquired a new stake in VanEck Agribusiness ETF during the 1st quarter worth $44,000. Coastline Trust Co acquired a new stake in VanEck Agribusiness ETF during the 3rd quarter worth $45,000. Wealth Enhancement Advisory Services LLC bought a new position in VanEck Agribusiness ETF during the third quarter worth about $205,000. Finally, NBC Securities Inc. grew its stake in VanEck Agribusiness ETF by 32.2% in the third quarter. NBC Securities Inc. now owns 3,057 shares of the company’s stock valued at $230,000 after acquiring an additional 745 shares during the period.
VanEck Agribusiness ETF Price Performance
Shares of VanEck Agribusiness ETF stock opened at $70.02 on Tuesday. The company has a market capitalization of $756.22 million, a P/E ratio of 8.36 and a beta of 0.85. The business has a 50-day moving average of $72.70 and a two-hundred day moving average of $72.03. VanEck Agribusiness ETF has a 1 year low of $67.57 and a 1 year high of $77.63.
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.
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