7,400 Shares in VanEck Agribusiness ETF $MOO Purchased by Barometer Capital Management Inc.

Barometer Capital Management Inc. purchased a new stake in VanEck Agribusiness ETF (NYSEARCA:MOO) in the first quarter, Holdings Channel.com reports. The firm purchased 7,400 shares of the company’s stock, valued at approximately $625,000.

A number of other hedge funds have also recently bought and sold shares of MOO. Retirement Financial Solutions LLC purchased a new stake in VanEck Agribusiness ETF during the 1st quarter worth approximately $11,613,000. Krilogy Financial LLC purchased a new position in shares of VanEck Agribusiness ETF during the 4th quarter valued at approximately $6,724,000. Keudell Morrison Wealth Management purchased a new position in shares of VanEck Agribusiness ETF during the 1st quarter valued at approximately $5,835,000. M&T Bank Corp grew its position in shares of VanEck Agribusiness ETF by 648.5% during the fourth quarter. M&T Bank Corp now owns 77,330 shares of the company’s stock worth $5,629,000 after buying an additional 66,998 shares in the last quarter. Finally, Fiduciary Alliance LLC acquired a new stake in shares of VanEck Agribusiness ETF during the first quarter worth approximately $2,970,000.

VanEck Agribusiness ETF Trading Up 0.2%

Shares of NYSEARCA:MOO opened at $82.15 on Wednesday. The company has a fifty day simple moving average of $79.83 and a 200 day simple moving average of $81.29. The firm has a market cap of $977.59 million, a PE ratio of 19.69 and a beta of 0.71. VanEck Agribusiness ETF has a 12-month low of $69.32 and a 12-month high of $86.56.

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.