28,694 Shares in VanEck Agribusiness ETF $MOO Purchased by Financial Enhancement Group LLC

Financial Enhancement Group LLC acquired a new stake in VanEck Agribusiness ETF (NYSEARCA:MOO) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 28,694 shares of the company’s stock, valued at approximately $2,331,000. Financial Enhancement Group LLC owned about 0.21% of VanEck Agribusiness ETF at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in VanEck Agribusiness ETF by 2.8% during the 1st quarter. Bank of America Corp DE now owns 221,975 shares of the company’s stock worth $18,757,000 after purchasing an additional 6,004 shares during the period. Retirement Financial Solutions LLC purchased a new position in shares of VanEck Agribusiness ETF in the 1st quarter worth approximately $11,613,000. Royal Bank of Canada boosted its stake 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 worth $7,086,000 after purchasing an additional 68,010 shares in the last quarter. Keudell Morrison Wealth Management purchased a new position in shares of VanEck Agribusiness ETF in the first quarter worth $5,835,000. Finally, Mandatum Life Insurance Co Ltd lifted its position in VanEck Agribusiness ETF by 5.0% during the 1st quarter. Mandatum Life Insurance Co Ltd now owns 63,377 shares of the company’s stock worth $5,355,000 after acquiring an additional 3,025 shares during the period.

VanEck Agribusiness ETF Stock Performance

Shares of MOO traded up $0.03 during trading hours on Thursday, hitting $81.26. The stock had a trading volume of 142,325 shares, compared to its average volume of 342,352. VanEck Agribusiness ETF has a fifty-two week low of $69.32 and a fifty-two week high of $89.30. The firm has a 50-day moving average price of $83.87 and a 200 day moving average price of $82.31. The firm has a market capitalization of $1.13 billion, a price-to-earnings 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.