Retirement Financial Solutions LLC Purchases New Stake in VanEck Agribusiness ETF $MOO

Retirement Financial Solutions LLC bought a new position in VanEck Agribusiness ETF (NYSEARCA:MOO) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 137,429 shares of the company’s stock, valued at approximately $11,613,000. VanEck Agribusiness ETF comprises 3.3% of Retirement Financial Solutions LLC’s holdings, making the stock its 11th biggest position. Retirement Financial Solutions LLC owned approximately 0.99% of VanEck Agribusiness ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in MOO. Ameriprise Financial Inc. boosted its position in VanEck Agribusiness ETF by 0.6% during the second quarter. Ameriprise Financial Inc. now owns 40,398 shares of the company’s stock worth $2,974,000 after purchasing an additional 228 shares during the period. Citizens Financial Group Inc. RI lifted its stake in shares of VanEck Agribusiness ETF by 2.5% during the 4th quarter. Citizens Financial Group Inc. RI now owns 9,679 shares of the company’s stock valued at $705,000 after buying an additional 233 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of VanEck Agribusiness ETF by 3.7% during the 1st quarter. Private Advisor Group LLC now owns 6,808 shares of the company’s stock valued at $575,000 after buying an additional 246 shares in the last quarter. Scotia Capital Inc. lifted its stake in shares of VanEck Agribusiness ETF by 1.4% during the 3rd quarter. Scotia Capital Inc. now owns 18,217 shares of the company’s stock valued at $1,338,000 after buying an additional 249 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in VanEck Agribusiness ETF by 6.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 4,195 shares of the company’s stock worth $355,000 after buying an additional 255 shares during the period.

VanEck Agribusiness ETF Stock Performance

VanEck Agribusiness ETF stock opened at $80.91 on Friday. VanEck Agribusiness ETF has a 1-year low of $69.32 and a 1-year high of $86.56. The firm has a market capitalization of $962.83 million, a price-to-earnings ratio of 19.69 and a beta of 0.71. The firm has a 50 day simple moving average of $80.11 and a 200 day simple moving average of $80.55.

VanEck Agribusiness ETF Company 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. DXAG provides exposure to companies worldwide that derive at least 50% of their revenues from agriculture business. Companies eligible for inclusion in DXAG should have market capitalization exceeding $150 million; should have worldwide daily average trading volume of at least $1 million over past six months and in each of the past two months, and should have maintained monthly trading volume of 250,000 shares over past six months.