Mandatum Life Insurance Co Ltd Buys 8,000 Shares of VanEck Agribusiness ETF (NYSEARCA:MOO)

Mandatum Life Insurance Co Ltd grew its stake in VanEck Agribusiness ETF (NYSEARCA:MOO) by 33.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,778 shares of the company’s stock after purchasing an additional 8,000 shares during the period. Mandatum Life Insurance Co Ltd’s holdings in VanEck Agribusiness ETF were worth $2,157,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. O ROURKE & COMPANY Inc raised its holdings in shares of VanEck Agribusiness ETF by 2.2% in the fourth quarter. O ROURKE & COMPANY Inc now owns 8,736 shares of the company’s stock worth $564,000 after buying an additional 192 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in shares of VanEck Agribusiness ETF by 4.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 4,665 shares of the company’s stock worth $317,000 after buying an additional 199 shares during the period. Pettinga Financial Advisors LLC increased its holdings in VanEck Agribusiness ETF by 5.2% during the 1st quarter. Pettinga Financial Advisors LLC now owns 6,040 shares of the company’s stock worth $410,000 after purchasing an additional 300 shares during the period. Anchor Investment Management LLC increased its holdings in VanEck Agribusiness ETF by 24.5% during the 4th quarter. Anchor Investment Management LLC now owns 2,544 shares of the company’s stock worth $164,000 after purchasing an additional 500 shares during the period. Finally, Colonial Trust Co SC increased its holdings in VanEck Agribusiness ETF by 35.7% during the 4th quarter. Colonial Trust Co SC now owns 1,900 shares of the company’s stock worth $123,000 after purchasing an additional 500 shares during the period.

VanEck Agribusiness ETF Stock Performance

MOO stock traded up $0.55 on Friday, hitting $73.54. 5,856 shares of the company’s stock were exchanged, compared to its average volume of 61,304. VanEck Agribusiness ETF has a 12-month low of $59.58 and a 12-month high of $76.19. The firm has a 50 day moving average price of $73.18 and a two-hundred day moving average price of $69.26. The stock has a market cap of $647.11 million, a P/E ratio of 19.69 and a beta of 0.93.

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.