UBS Group AG Has $11.64 Million Stake in VanEck Agribusiness ETF $MOO

UBS Group AG trimmed its position in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 8.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 159,917 shares of the company’s stock after selling 15,203 shares during the period. UBS Group AG owned 1.72% of VanEck Agribusiness ETF worth $11,640,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. IFP Advisors Inc acquired a new position in VanEck Agribusiness ETF during the third quarter worth $25,000. Geneos Wealth Management Inc. acquired a new position in VanEck Agribusiness ETF during the second quarter worth $35,000. GPS Wealth Strategies Group LLC increased its holdings in VanEck Agribusiness ETF by 55.2% during the third quarter. GPS Wealth Strategies Group LLC now owns 495 shares of the company’s stock worth $36,000 after buying an additional 176 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in VanEck Agribusiness ETF by 59.1% during the fourth quarter. Farther Finance Advisors LLC now owns 808 shares of the company’s stock worth $59,000 after buying an additional 300 shares during the last quarter. Finally, Picton Mahoney Asset Management increased its holdings in VanEck Agribusiness ETF by 120.0% during the third quarter. Picton Mahoney Asset Management now owns 1,100 shares of the company’s stock worth $81,000 after buying an additional 600 shares during the last quarter.

VanEck Agribusiness ETF Trading Down 1.0%

Shares of MOO opened at $81.16 on Friday. The company has a market cap of $1.13 billion, a price-to-earnings ratio of 19.69 and a beta of 0.73. VanEck Agribusiness ETF has a 1-year low of $69.32 and a 1-year high of $86.56. The company’s fifty day simple moving average is $83.28 and its 200 day simple moving average is $78.86.

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. 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.