UBS Group AG Sells 15,203 Shares of VanEck Agribusiness ETF $MOO

UBS Group AG trimmed its stake in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 8.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,917 shares of the company’s stock after selling 15,203 shares during the quarter. UBS Group AG’s holdings in VanEck Agribusiness ETF were worth $11,640,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mandatum Life Insurance Co Ltd boosted its position in VanEck Agribusiness ETF by 22.7% during the third quarter. Mandatum Life Insurance Co Ltd now owns 48,588 shares of the company’s stock worth $3,569,000 after purchasing an additional 9,000 shares during the period. TD Waterhouse Canada Inc. boosted its position in VanEck Agribusiness ETF by 5,295.2% during the fourth quarter. TD Waterhouse Canada Inc. now owns 16,995 shares of the company’s stock worth $1,236,000 after purchasing an additional 16,680 shares during the period. Krilogy Financial LLC bought a new position in VanEck Agribusiness ETF during the fourth quarter worth $6,724,000. Wealth Enhancement Advisory Services LLC boosted its position in VanEck Agribusiness ETF by 12.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,945 shares of the company’s stock worth $438,000 after purchasing an additional 677 shares during the period. Finally, GPS Wealth Strategies Group LLC boosted its position 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 purchasing an additional 176 shares during the period.

VanEck Agribusiness ETF Price Performance

MOO stock opened at $81.16 on Friday. The company has a fifty day moving average price of $83.28 and a two-hundred day moving average price of $78.86. VanEck Agribusiness ETF has a one year low of $69.32 and a one year high of $86.56. The stock 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 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.