Paragon Private Wealth Management LLC purchased a new stake in VanEck Agribusiness ETF (NYSEARCA:MOO – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 13,916 shares of the company’s stock, valued at approximately $1,102,000. Paragon Private Wealth Management LLC owned about 0.12% of VanEck Agribusiness ETF at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. IFP Advisors Inc acquired a new position in VanEck Agribusiness ETF during the third quarter worth $25,000. Arax Advisory Partners purchased a new position in shares of VanEck Agribusiness ETF during the 4th quarter worth approximately $25,000. Nalls Sherbakoff Group LLC purchased a new position in VanEck Agribusiness ETF during the fourth quarter worth $27,000. EFG International AG acquired a new position in VanEck Agribusiness ETF in the 4th quarter valued at about $30,000. Finally, Geneos Wealth Management Inc. purchased a new position in shares of VanEck Agribusiness ETF during the second quarter valued at approximately $35,000.
VanEck Agribusiness ETF Trading Up 1.6%
Shares of NYSEARCA:MOO opened at $88.85 on Thursday. VanEck Agribusiness ETF has a 12-month low of $69.32 and a 12-month high of $89.07. The stock’s 50-day moving average price is $82.26 and its two-hundred day moving average price is $82.23. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 19.69 and a beta of 0.70.
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. 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.
Featured Stories
- Five stocks we like better than VanEck Agribusiness ETF
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Want to see what other hedge funds are holding MOO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Agribusiness ETF (NYSEARCA:MOO – Free Report).
Receive News & Ratings for VanEck Agribusiness ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Agribusiness ETF and related companies with MarketBeat.com's FREE daily email newsletter.
