NTV Asset Management LLC Acquires New Stake in VanEck Agribusiness ETF $MOO

NTV Asset Management LLC acquired a new stake in VanEck Agribusiness ETF (NYSEARCA:MOO) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 19,150 shares of the company’s stock, valued at approximately $1,560,000. NTV Asset Management LLC owned approximately 0.14% of VanEck Agribusiness ETF as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in VanEck Agribusiness ETF by 2.8% during the 1st quarter. Bank of America Corp DE now owns 221,975 shares of the company’s stock worth $18,757,000 after purchasing an additional 6,004 shares in the last quarter. Retirement Financial Solutions LLC purchased a new position in VanEck Agribusiness ETF in the first quarter valued at $11,613,000. Royal Bank of Canada increased its holdings in VanEck Agribusiness ETF by 429.2% in the first quarter. Royal Bank of Canada now owns 83,855 shares of the company’s stock valued at $7,086,000 after buying an additional 68,010 shares during the last quarter. ABLE Financial Group LLC purchased a new position in VanEck Agribusiness ETF in the third quarter valued at $5,680,000. Finally, Mandatum Life Insurance Co Ltd raised its stake in VanEck Agribusiness ETF by 5.0% in the first quarter. Mandatum Life Insurance Co Ltd now owns 63,377 shares of the company’s stock valued at $5,355,000 after buying an additional 3,025 shares in the last quarter.

VanEck Agribusiness ETF Price Performance

VanEck Agribusiness ETF stock opened at $81.69 on Friday. The stock has a market cap of $1.11 billion, a PE ratio of 19.69 and a beta of 0.72. The stock’s fifty day moving average is $83.84 and its two-hundred day moving average is $82.17. VanEck Agribusiness ETF has a 1-year low of $69.32 and a 1-year high of $89.30.

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. 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.