Oppenheimer Asset Management Inc. Acquires Shares of 65,134 VanEck Agribusiness ETF $MOO

Oppenheimer Asset Management Inc. acquired a new stake in VanEck Agribusiness ETF (NYSEARCA:MOO) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 65,134 shares of the company’s stock, valued at approximately $4,795,000. Oppenheimer Asset Management Inc. owned approximately 0.74% of VanEck Agribusiness ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Fifth Third Securities Inc. increased its stake in shares of VanEck Agribusiness ETF by 2.3% in the 2nd quarter. Fifth Third Securities Inc. now owns 7,492 shares of the company’s stock worth $552,000 after acquiring an additional 169 shares during the last quarter. Comprehensive Money Management Services LLC increased its stake in shares of VanEck Agribusiness ETF by 1.1% in the 2nd quarter. Comprehensive Money Management Services LLC now owns 17,980 shares of the company’s stock worth $1,324,000 after acquiring an additional 194 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of VanEck Agribusiness ETF by 4.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 4,665 shares of the company’s stock worth $317,000 after acquiring an additional 199 shares during the last quarter. Brookstone Capital Management increased its stake in shares of VanEck Agribusiness ETF by 5.0% in the 2nd quarter. Brookstone Capital Management now owns 5,636 shares of the company’s stock worth $415,000 after acquiring an additional 269 shares during the last quarter. Finally, Pettinga Financial Advisors LLC increased its stake in shares of VanEck Agribusiness ETF by 5.2% in the 1st quarter. Pettinga Financial Advisors LLC now owns 6,040 shares of the company’s stock worth $410,000 after acquiring an additional 300 shares during the last quarter.

VanEck Agribusiness ETF Stock Down 0.6%

Shares of MOO opened at $73.58 on Wednesday. VanEck Agribusiness ETF has a 52-week low of $59.58 and a 52-week high of $75.91. The company has a market capitalization of $603.36 million, a PE ratio of 19.69 and a beta of 0.88. The stock has a fifty day simple moving average of $73.83 and a two-hundred day simple moving average of $72.70.

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.