Money Design Co. Ltd. Cuts Holdings in VanEck Agribusiness ETF $MOO

Money Design Co. Ltd. lowered its position in VanEck Agribusiness ETF (NYSEARCA:MOO) by 7.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 90,243 shares of the company’s stock after selling 6,971 shares during the quarter. Money Design Co. Ltd.’s holdings in VanEck Agribusiness ETF were worth $6,644,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wormser Freres Gestion raised its holdings in shares of VanEck Agribusiness ETF by 100.0% in the 1st quarter. Wormser Freres Gestion now owns 700 shares of the company’s stock worth $48,000 after purchasing an additional 350 shares during the period. Ameritas Advisory Services LLC acquired a new stake in shares of VanEck Agribusiness ETF in the second quarter worth $53,000. AE Wealth Management LLC lifted its holdings in shares of VanEck Agribusiness ETF by 53.7% during the 1st 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 in the last quarter. Private Trust Co. NA purchased a new stake in VanEck Agribusiness ETF during the 2nd quarter worth $114,000. Finally, CWM LLC increased its holdings in VanEck Agribusiness ETF by 40.4% in the 2nd quarter. CWM LLC now owns 1,574 shares of the company’s stock valued at $116,000 after purchasing an additional 453 shares in the last quarter.

VanEck Agribusiness ETF Price Performance

NYSEARCA:MOO opened at $73.81 on Friday. The business’s 50-day moving average is $73.82 and its two-hundred day moving average is $72.32. The firm has a market capitalization of $605.24 million, a PE ratio of 19.69 and a beta of 0.93. VanEck Agribusiness ETF has a 12 month low of $59.58 and a 12 month high of $75.91.

VanEck Agribusiness ETF 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.