LPL Financial LLC Lowers Position in VanEck Agribusiness ETF (NYSEARCA:MOO)

LPL Financial LLC decreased its stake in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 20.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 148,008 shares of the company’s stock after selling 37,523 shares during the period. LPL Financial LLC owned 1.37% of VanEck Agribusiness ETF worth $9,549,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. SBI Securities Co. Ltd. acquired a new position in shares of VanEck Agribusiness ETF in the 4th quarter valued at about $111,000. Sovran Advisors LLC acquired a new position in VanEck Agribusiness ETF during the fourth quarter valued at approximately $297,000. Captrust Financial Advisors lifted its position in VanEck Agribusiness ETF by 18.4% during the third quarter. Captrust Financial Advisors now owns 4,059 shares of the company’s stock valued at $306,000 after buying an additional 632 shares in the last quarter. Stifel Financial Corp grew its stake in VanEck Agribusiness ETF by 39.8% during the third 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. Finally, Copley Financial Group Inc. acquired a new stake in shares of VanEck Agribusiness ETF in the third quarter worth $323,000.

VanEck Agribusiness ETF Trading Down 6.1 %

NYSEARCA:MOO opened at $62.31 on Friday. The firm’s fifty day simple moving average is $68.10 and its 200 day simple moving average is $69.58. VanEck Agribusiness ETF has a twelve month low of $61.82 and a twelve month high of $76.19. The firm has a market capitalization of $520.29 million, a price-to-earnings ratio of 18.95 and a beta of 0.89.

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.