Sovran Advisors LLC Takes $297,000 Position in VanEck Agribusiness ETF (NYSEARCA:MOO)

Sovran Advisors LLC bought a new stake in VanEck Agribusiness ETF (NYSEARCA:MOO) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 4,479 shares of the company’s stock, valued at approximately $297,000.

A number of other institutional investors have also modified their holdings of MOO. Barry Investment Advisors LLC grew its position in shares of VanEck Agribusiness ETF by 57.7% during the 3rd quarter. Barry Investment Advisors LLC now owns 58,314 shares of the company’s stock valued at $4,403,000 after buying an additional 21,335 shares during the last quarter. Fortis Advisors LLC grew its position in VanEck Agribusiness ETF by 3.6% in the 4th quarter. Fortis Advisors LLC now owns 45,776 shares of the company’s stock worth $2,953,000 after purchasing an additional 1,598 shares during the last quarter. Transform Wealth LLC grew 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 purchasing an additional 28,480 shares during the last quarter. JPMorgan Chase & Co. grew its position in VanEck Agribusiness ETF by 7.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 33,724 shares of the company’s stock worth $2,546,000 after purchasing an additional 2,413 shares during the last quarter. Finally, IHT Wealth Management LLC bought a new position in VanEck Agribusiness ETF in the 3rd quarter worth about $2,214,000.

VanEck Agribusiness ETF Trading Down 1.0 %

NYSEARCA MOO opened at $67.11 on Thursday. The company has a 50-day moving average price of $67.50 and a two-hundred day moving average price of $70.52. The stock has a market cap of $724.79 million, a price-to-earnings ratio of 8.36 and a beta of 0.85. VanEck Agribusiness ETF has a 52 week low of $63.91 and a 52 week high of $76.19.

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.