28,694 Shares in VanEck Agribusiness ETF $MOO Purchased by Financial Enhancement Group LLC

Financial Enhancement Group LLC purchased a new position in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) during the third quarter, Holdings Channel reports. The firm purchased 28,694 shares of the company’s stock, valued at approximately $2,331,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its holdings in shares of VanEck Agribusiness ETF by 3.2% during the third quarter. Farther Finance Advisors LLC now owns 5,060 shares of the company’s stock worth $412,000 after purchasing an additional 156 shares during the period. Arkadios Wealth Advisors increased its stake in VanEck Agribusiness ETF by 3.0% in the 1st quarter. Arkadios Wealth Advisors now owns 7,407 shares of the company’s stock valued at $626,000 after purchasing an additional 213 shares in the last quarter. Gould Asset Management LLC CA raised its stake in shares of VanEck Agribusiness ETF by 6.5% during the 1st quarter. Gould Asset Management LLC CA now owns 3,662 shares of the company’s stock worth $309,000 after buying an additional 225 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of VanEck Agribusiness ETF by 67.2% in the first quarter. Parallel Advisors LLC now owns 560 shares of the company’s stock valued at $47,000 after purchasing an additional 225 shares in the last quarter. Finally, Private Advisor Group LLC grew its holdings in VanEck Agribusiness ETF by 3.7% during the 1st quarter. Private Advisor Group LLC now owns 6,808 shares of the company’s stock valued at $575,000 after buying an additional 246 shares during the last quarter.

VanEck Agribusiness ETF Price Performance

MOO stock traded up $0.03 during midday trading on Thursday, hitting $81.26. The stock had a trading volume of 142,325 shares, compared to its average volume of 342,352. The company’s 50-day moving average price is $83.87 and its 200 day moving average price is $82.31. The firm has a market cap of $1.13 billion, a PE ratio of 19.69 and a beta of 0.72. VanEck Agribusiness ETF has a 12-month low of $69.32 and a 12-month high of $89.30.

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. DXAG provides exposure to companies worldwide that derive at least 50% of their revenues from agriculture business. Companies eligible for inclusion in DXAG should have market capitalization exceeding $150 million; should have worldwide daily average trading volume of at least $1 million over past six months and in each of the past two months, and should have maintained monthly trading volume of 250,000 shares over past six months.