Cerity Partners OCIO LLC Sells 107,311 Shares of VanEck Agribusiness ETF (NYSEARCA:MOO)

Cerity Partners OCIO LLC reduced its holdings in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 38.1% in the fourth quarter, HoldingsChannel reports. The fund owned 174,421 shares of the company’s stock after selling 107,311 shares during the period. VanEck Agribusiness ETF accounts for 0.7% of Cerity Partners OCIO LLC’s portfolio, making the stock its 16th biggest holding. Cerity Partners OCIO LLC’s holdings in VanEck Agribusiness ETF were worth $11,254,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of MOO. OLD Mission Capital LLC bought a new stake in shares of VanEck Agribusiness ETF in the 4th quarter worth approximately $3,235,000. Raymond James Financial Inc. bought a new stake in VanEck Agribusiness ETF in the fourth quarter worth $2,058,000. Transform Wealth LLC grew its stake in shares of VanEck Agribusiness ETF by 189.3% in the fourth quarter. Transform Wealth LLC now owns 43,525 shares of the company’s stock worth $2,808,000 after acquiring an additional 28,480 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of VanEck Agribusiness ETF by 174.9% during the fourth quarter. Van ECK Associates Corp now owns 30,714 shares of the company’s stock valued at $1,982,000 after acquiring an additional 19,541 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of VanEck Agribusiness ETF by 25.0% in the 4th quarter. JPMorgan Chase & Co. now owns 42,159 shares of the company’s stock worth $2,720,000 after purchasing an additional 8,435 shares during the last quarter.

VanEck Agribusiness ETF Stock Down 6.1 %

NYSEARCA:MOO opened at $62.31 on Friday. VanEck Agribusiness ETF has a 52 week low of $61.82 and a 52 week high of $76.19. The stock has a market cap of $520.29 million, a price-to-earnings ratio of 18.95 and a beta of 0.89. The company’s 50 day moving average price is $68.10 and its 200-day moving average price is $69.55.

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.