Verity Asset Management Inc. Buys 8,442 Shares of VanEck Agribusiness ETF $MOO

Verity Asset Management Inc. bought a new position in VanEck Agribusiness ETF (NYSEARCA:MOO) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 8,442 shares of the company’s stock, valued at approximately $688,000.

A number of other institutional investors have also recently bought and sold shares of the business. Corecam AG increased its holdings in VanEck Agribusiness ETF by 109.7% in the 3rd quarter. Corecam AG now owns 43,910 shares of the company’s stock valued at $3,577,000 after buying an additional 22,970 shares during the period. D.A. Davidson & CO. acquired a new position in shares of VanEck Agribusiness ETF in the 3rd quarter valued at $2,741,000. VestGen Advisors LLC acquired a new position in shares of VanEck Agribusiness ETF in the 3rd quarter valued at $248,000. Latitude Advisors LLC bought a new position in shares of VanEck Agribusiness ETF during the 3rd quarter worth about $29,000. Finally, Flagship Harbor Advisors LLC lifted its holdings in shares of VanEck Agribusiness ETF by 431.8% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 13,344 shares of the company’s stock worth $1,087,000 after acquiring an additional 10,835 shares during the period.

VanEck Agribusiness ETF Stock Performance

Shares of VanEck Agribusiness ETF stock opened at $83.71 on Thursday. The firm’s 50-day simple moving average is $83.47 and its 200-day simple moving average is $82.34. VanEck Agribusiness ETF has a twelve month low of $69.32 and a twelve month high of $89.30. The firm has a market cap of $1.12 billion, a P/E ratio of 19.69 and a beta of 0.72.

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. 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.