Barometer Capital Management Inc. Makes New $625,000 Investment in VanEck Agribusiness ETF $MOO

Barometer Capital Management Inc. bought a new stake in VanEck Agribusiness ETF (NYSEARCA:MOO) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 7,400 shares of the company’s stock, valued at approximately $625,000. Barometer Capital Management Inc. owned approximately 0.05% of VanEck Agribusiness ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Keudell Morrison Wealth Management purchased a new position in VanEck Agribusiness ETF in the 1st quarter worth approximately $5,835,000. Retirement Financial Solutions LLC purchased a new stake in shares of VanEck Agribusiness ETF during the first quarter valued at approximately $11,613,000. Fiduciary Alliance LLC purchased a new stake in shares of VanEck Agribusiness ETF during the first quarter valued at approximately $2,970,000. Corecam AG acquired a new position in shares of VanEck Agribusiness ETF during the first quarter worth $1,750,000. Finally, D.A. Davidson & CO. lifted its position in shares of VanEck Agribusiness ETF by 169.5% during the fourth quarter. D.A. Davidson & CO. now owns 17,423 shares of the company’s stock worth $1,268,000 after purchasing an additional 10,957 shares in the last quarter.

VanEck Agribusiness ETF Trading Up 0.2%

Shares of MOO stock opened at $82.15 on Wednesday. The company has a market capitalization of $977.59 million, a PE ratio of 19.69 and a beta of 0.71. The firm has a fifty day simple moving average of $79.83 and a 200-day simple moving average of $81.29. VanEck Agribusiness ETF has a twelve month low of $69.32 and a twelve month high of $86.56.

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.