52,600 VanEck Agribusiness ETF $MOO Shares Acquired by Corecam Pte. Ltd.

Corecam Pte. Ltd. raised its holdings in VanEck Agribusiness ETF (NYSEARCA:MOO) by 90.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 110,790 shares of the company’s stock after buying an additional 52,600 shares during the period. VanEck Agribusiness ETF comprises about 3.7% of Corecam Pte. Ltd.’s holdings, making the stock its 8th largest position. Corecam Pte. Ltd. owned approximately 0.82% of VanEck Agribusiness ETF worth $9,026,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Retirement Financial Solutions LLC bought a new stake in shares of VanEck Agribusiness ETF during the first quarter worth about $11,613,000. ABLE Financial Group LLC bought a new position in VanEck Agribusiness ETF in the 3rd quarter valued at about $5,680,000. Royal Bank of Canada lifted its position in VanEck Agribusiness ETF by 429.2% in the 1st quarter. Royal Bank of Canada now owns 83,855 shares of the company’s stock valued at $7,086,000 after acquiring an additional 68,010 shares in the last quarter. Banque Pictet & Cie SA acquired a new position in VanEck Agribusiness ETF during the 3rd quarter valued at about $4,863,000. Finally, Bank Pictet & Cie Europe AG acquired a new position in VanEck Agribusiness ETF during the 3rd quarter valued at about $2,538,000.

VanEck Agribusiness ETF Stock Performance

MOO stock opened at $81.69 on Friday. The business has a 50-day simple moving average of $83.84 and a two-hundred day simple moving average of $82.17. The company has a market capitalization of $1.11 billion, a P/E ratio of 19.69 and a beta of 0.72. VanEck Agribusiness ETF has a 52-week low of $69.32 and a 52-week high of $89.30.

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. 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.