Strategic Wealth Investment Group LLC Lowers Stock Holdings in VanEck Agribusiness ETF (NYSEARCA:MOO)

Strategic Wealth Investment Group LLC cut its stake in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 20.3% in the 4th quarter, Holdings Channel reports. The fund owned 32,039 shares of the company’s stock after selling 8,164 shares during the quarter. Strategic Wealth Investment Group LLC’s holdings in VanEck Agribusiness ETF were worth $2,067,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Coastline Trust Co purchased a new position in VanEck Agribusiness ETF in the 3rd quarter valued at $45,000. Truvestments Capital LLC purchased a new position in VanEck Agribusiness ETF during the 3rd quarter worth $53,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of VanEck Agribusiness ETF in the 3rd quarter worth $205,000. CreativeOne Wealth LLC purchased a new stake in shares of VanEck Agribusiness ETF in the third quarter valued at about $214,000. Finally, NBC Securities Inc. increased its stake in shares of VanEck Agribusiness ETF by 32.2% during the third quarter. NBC Securities Inc. now owns 3,057 shares of the company’s stock worth $230,000 after acquiring an additional 745 shares during the period.

VanEck Agribusiness ETF Trading Up 1.0 %

Shares of MOO stock opened at $70.13 on Friday. The stock has a 50 day simple moving average of $68.16 and a 200-day simple moving average of $70.75. The company has a market cap of $757.40 million, a price-to-earnings ratio of 8.36 and a beta of 0.85. VanEck Agribusiness ETF has a 12-month low of $63.91 and a 12-month high of $76.19.

VanEck Agribusiness ETF Company 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.