Strategic Wealth Investment Group LLC Sells 13,894 Shares of VanEck Agribusiness ETF $MOO

Strategic Wealth Investment Group LLC decreased its stake in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 39.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,468 shares of the company’s stock after selling 13,894 shares during the period. Strategic Wealth Investment Group LLC’s holdings in VanEck Agribusiness ETF were worth $1,563,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MOO. IFP Advisors Inc bought a new position in VanEck Agribusiness ETF during the third quarter valued at approximately $25,000. Geneos Wealth Management Inc. bought a new position in VanEck Agribusiness ETF during the second quarter valued at approximately $35,000. Farther Finance Advisors LLC lifted its position in VanEck Agribusiness ETF by 59.1% during the fourth quarter. Farther Finance Advisors LLC now owns 808 shares of the company’s stock valued at $59,000 after purchasing an additional 300 shares during the period. Picton Mahoney Asset Management lifted its position in VanEck Agribusiness ETF by 120.0% during the third quarter. Picton Mahoney Asset Management now owns 1,100 shares of the company’s stock valued at $81,000 after purchasing an additional 600 shares during the period. Finally, Jones Financial Companies Lllp lifted its position in VanEck Agribusiness ETF by 14.6% during the third quarter. Jones Financial Companies Lllp now owns 2,596 shares of the company’s stock valued at $191,000 after purchasing an additional 331 shares during the period.

VanEck Agribusiness ETF Stock Down 2.0%

Shares of VanEck Agribusiness ETF stock opened at $78.60 on Friday. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 19.69 and a beta of 0.70. The company’s 50 day moving average is $82.52 and its 200 day moving average is $79.74. VanEck Agribusiness ETF has a twelve month low of $69.32 and a twelve month high of $86.56.

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.