The Manufacturers Life Insurance Company Makes New Investment in VanEck Agribusiness ETF $MOO

The Manufacturers Life Insurance Company acquired a new position in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 16,687 shares of the company’s stock, valued at approximately $1,410,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Retirement Financial Solutions LLC acquired a new position in shares of VanEck Agribusiness ETF in the first quarter valued at about $11,613,000. Krilogy Financial LLC acquired a new stake in VanEck Agribusiness ETF in the 4th quarter worth about $6,724,000. Keudell Morrison Wealth Management acquired a new stake in VanEck Agribusiness ETF in the 1st quarter worth about $5,835,000. M&T Bank Corp boosted its holdings in VanEck Agribusiness ETF by 648.5% in the 4th quarter. M&T Bank Corp now owns 77,330 shares of the company’s stock valued at $5,629,000 after purchasing an additional 66,998 shares during the period. Finally, Fiduciary Alliance LLC bought a new stake in VanEck Agribusiness ETF in the 1st quarter valued at about $2,970,000.

VanEck Agribusiness ETF Stock Up 0.5%

Shares of NYSEARCA:MOO opened at $81.52 on Tuesday. VanEck Agribusiness ETF has a 12-month low of $69.32 and a 12-month high of $86.56. The company’s 50 day moving average price is $80.28 and its two-hundred day moving average price is $81.98. The firm has a market cap of $974.16 million, a PE ratio of 19.69 and a beta of 0.70.

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.