Sovran Advisors LLC Takes Position in VanEck Agribusiness ETF (NYSEARCA:MOO)

Sovran Advisors LLC acquired a new stake in VanEck Agribusiness ETF (NYSEARCA:MOO) in the 4th quarter, Holdings Channel reports. The fund acquired 4,479 shares of the company’s stock, valued at approximately $297,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Coastline Trust Co bought a new position in shares of VanEck Agribusiness ETF in the third quarter valued at approximately $45,000. Truvestments Capital LLC acquired a new stake in VanEck Agribusiness ETF during the third quarter valued at approximately $53,000. Wealth Enhancement Advisory Services LLC acquired a new stake in VanEck Agribusiness ETF during the third quarter valued at approximately $205,000. CreativeOne Wealth LLC acquired a new stake in VanEck Agribusiness ETF during the third quarter valued at approximately $214,000. Finally, NBC Securities Inc. lifted its stake in VanEck Agribusiness ETF by 32.2% during the third quarter. NBC Securities Inc. now owns 3,057 shares of the company’s stock valued at $230,000 after purchasing an additional 745 shares during the last quarter.

VanEck Agribusiness ETF Price Performance

MOO stock opened at $67.11 on Thursday. VanEck Agribusiness ETF has a 12 month low of $63.91 and a 12 month high of $76.19. The firm has a market cap of $724.79 million, a PE ratio of 8.36 and a beta of 0.85. The firm has a 50 day simple moving average of $67.50 and a 200 day simple moving average of $70.52.

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.