Commerce Bank Sells 1,250 Shares of VanEck Agribusiness ETF (NYSEARCA:MOO)

Commerce Bank cut its position in VanEck Agribusiness ETF (NYSEARCA:MOO) by 8.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,570 shares of the company’s stock after selling 1,250 shares during the quarter. Commerce Bank owned about 0.13% of VanEck Agribusiness ETF worth $1,025,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Brookstone Capital Management raised its holdings in VanEck Agribusiness ETF by 7.2% during the 3rd quarter. Brookstone Capital Management now owns 4,428 shares of the company’s stock valued at $334,000 after acquiring an additional 298 shares during the period. US Bancorp DE raised its holdings in VanEck Agribusiness ETF by 1.5% during the 3rd quarter. US Bancorp DE now owns 24,469 shares of the company’s stock valued at $1,848,000 after acquiring an additional 356 shares during the period. Cetera Advisors LLC raised its holdings in VanEck Agribusiness ETF by 0.9% during the 1st quarter. Cetera Advisors LLC now owns 42,120 shares of the company’s stock valued at $3,164,000 after acquiring an additional 361 shares during the period. Benjamin F. Edwards & Company Inc. raised its holdings in VanEck Agribusiness ETF by 7.7% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 5,376 shares of the company’s stock valued at $377,000 after acquiring an additional 386 shares during the period. Finally, Comerica Bank raised its holdings in VanEck Agribusiness ETF by 2.2% during the 1st quarter. Comerica Bank now owns 24,395 shares of the company’s stock valued at $1,833,000 after acquiring an additional 521 shares during the period.

VanEck Agribusiness ETF Price Performance

Shares of MOO stock opened at $71.52 on Monday. The company’s fifty day simple moving average is $72.58 and its two-hundred day simple moving average is $71.96. VanEck Agribusiness ETF has a 1 year low of $67.57 and a 1 year high of $77.63. The stock has a market capitalization of $772.42 million, a price-to-earnings ratio of 8.36 and a beta of 0.85.

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.