VanEck Agribusiness ETF $MOO Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its stake in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 3.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,417 shares of the company’s stock after selling 777 shares during the period. Envestnet Asset Management Inc. owned about 0.24% of VanEck Agribusiness ETF worth $1,577,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of MOO. Ameritas Advisory Services LLC acquired a new position in shares of VanEck Agribusiness ETF in the 2nd quarter valued at about $53,000. Wealth Enhancement Advisory Services LLC acquired a new stake in VanEck Agribusiness ETF during the second quarter worth about $397,000. Barry Investment Advisors LLC lifted its holdings in VanEck Agribusiness ETF by 2.8% in the second quarter. Barry Investment Advisors LLC now owns 62,267 shares of the company’s stock worth $4,584,000 after acquiring an additional 1,686 shares during the last quarter. AE Wealth Management LLC boosted its stake in VanEck Agribusiness ETF by 53.7% in the first quarter. AE Wealth Management LLC now owns 1,165 shares of the company’s stock valued at $79,000 after acquiring an additional 407 shares during the period. Finally, CWM LLC grew its holdings in shares of VanEck Agribusiness ETF by 40.4% during the second quarter. CWM LLC now owns 1,574 shares of the company’s stock valued at $116,000 after purchasing an additional 453 shares during the last quarter.

VanEck Agribusiness ETF Price Performance

Shares of MOO opened at $70.20 on Thursday. VanEck Agribusiness ETF has a 12 month low of $59.58 and a 12 month high of $75.91. The stock has a fifty day moving average price of $72.76 and a 200 day moving average price of $73.16. The company has a market cap of $575.64 million, a P/E ratio of 19.69 and a beta of 0.88.

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.