UMB Bank n.a. Invests $304,000 in VanEck Agribusiness ETF (NYSEARCA:MOO)

UMB Bank n.a. purchased a new position in VanEck Agribusiness ETF (NYSEARCA:MOO) in the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 4,472 shares of the company’s stock, valued at approximately $304,000.

Other institutional investors also recently made changes to their positions in the company. Sovran Advisors LLC bought a new stake in shares of VanEck Agribusiness ETF in the 4th quarter worth approximately $297,000. Van ECK Associates Corp raised its holdings in shares of VanEck Agribusiness ETF by 174.9% in the 4th quarter. Van ECK Associates Corp now owns 30,714 shares of the company’s stock worth $1,982,000 after purchasing an additional 19,541 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in shares of VanEck Agribusiness ETF by 8.0% in the 4th quarter. Sanctuary Advisors LLC now owns 7,768 shares of the company’s stock worth $545,000 after purchasing an additional 578 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of VanEck Agribusiness ETF in the 4th quarter worth approximately $111,000. Finally, Meridian Wealth Management LLC bought a new stake in shares of VanEck Agribusiness ETF in the 4th quarter worth approximately $439,000.

VanEck Agribusiness ETF Price Performance

NYSEARCA MOO opened at $73.30 on Wednesday. The company’s 50 day simple moving average is $68.83 and its 200 day simple moving average is $68.36. VanEck Agribusiness ETF has a 12 month low of $59.58 and a 12 month high of $76.19. The company has a market capitalization of $612.06 million, a P/E ratio of 18.82 and a beta of 0.90.

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.