HighTower Advisors LLC Grows Position in VanEck Agribusiness ETF (NYSEARCA:MOO)

HighTower Advisors LLC grew its holdings in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,695 shares of the company’s stock after acquiring an additional 788 shares during the quarter. HighTower Advisors LLC owned about 0.15% of VanEck Agribusiness ETF worth $1,077,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Stifel Financial Corp increased its stake in VanEck Agribusiness ETF by 39.8% in the third quarter. Stifel Financial Corp now owns 4,157 shares of the company’s stock valued at $314,000 after acquiring an additional 1,184 shares during the last quarter. Brookstone Capital Management increased its position in shares of 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 last quarter. Van ECK Associates Corp raised its holdings in shares of 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 buying an additional 19,541 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in shares of VanEck Agribusiness ETF by 8.0% during the 4th quarter. Sanctuary Advisors LLC now owns 7,768 shares of the company’s stock valued at $545,000 after buying an additional 578 shares in the last quarter. Finally, Transform Wealth LLC lifted its position in VanEck Agribusiness ETF by 189.3% in the 4th quarter. Transform Wealth LLC now owns 43,525 shares of the company’s stock worth $2,808,000 after buying an additional 28,480 shares during the last quarter.

VanEck Agribusiness ETF Price Performance

Shares of NYSEARCA MOO opened at $68.28 on Thursday. The stock has a market capitalization of $570.14 million, a P/E ratio of 18.97 and a beta of 0.93. VanEck Agribusiness ETF has a one year low of $63.91 and a one year high of $76.19. The firm’s 50 day simple moving average is $68.25 and its two-hundred day simple moving average is $69.80.

VanEck Agribusiness ETF 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.