Conservest Capital Advisors Inc. Trims Position in VanEck Agribusiness ETF (NYSEARCA:MOO)

Conservest Capital Advisors Inc. lessened its stake in VanEck Agribusiness ETF (NYSEARCA:MOO) by 16.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,347 shares of the company’s stock after selling 8,403 shares during the period. Conservest Capital Advisors Inc.’s holdings in VanEck Agribusiness ETF were worth $2,668,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Stifel Financial Corp increased its stake in VanEck Agribusiness ETF by 39.8% in the 3rd quarter. Stifel Financial Corp now owns 4,157 shares of the company’s stock worth $314,000 after buying an additional 1,184 shares during the period. Brookstone Capital Management increased its position in VanEck Agribusiness ETF by 14.6% during the 4th quarter. Brookstone Capital Management now owns 5,074 shares of the company’s stock valued at $327,000 after purchasing an additional 646 shares during the period. Van ECK Associates Corp increased its position in VanEck Agribusiness ETF by 174.9% during the 4th quarter. Van ECK Associates Corp now owns 30,714 shares of the company’s stock valued at $1,982,000 after purchasing an additional 19,541 shares during the period. Transform Wealth LLC increased its position in VanEck Agribusiness ETF by 189.3% during the 4th quarter. Transform Wealth LLC now owns 43,525 shares of the company’s stock valued at $2,808,000 after purchasing an additional 28,480 shares during the period. Finally, JPMorgan Chase & Co. increased its position in VanEck Agribusiness ETF by 7.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 33,724 shares of the company’s stock valued at $2,546,000 after purchasing an additional 2,413 shares during the period.

VanEck Agribusiness ETF Stock Performance

NYSEARCA MOO opened at $68.03 on Friday. The company has a market capitalization of $571.45 million, a price-to-earnings ratio of 17.87 and a beta of 0.93. The company’s 50-day simple moving average is $67.06 and its two-hundred day simple moving average is $70.33. VanEck Agribusiness ETF has a one year low of $63.91 and a one year high of $76.19.

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.