VanEck Agribusiness ETF $MOO Shares Acquired by Royal Bank of Canada

Royal Bank of Canada boosted its stake in VanEck Agribusiness ETF (NYSEARCA:MOO) by 429.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 83,855 shares of the company’s stock after purchasing an additional 68,010 shares during the quarter. Royal Bank of Canada’s holdings in VanEck Agribusiness ETF were worth $7,086,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Gould Asset Management LLC CA raised its stake in VanEck Agribusiness ETF by 6.5% during the first quarter. Gould Asset Management LLC CA now owns 3,662 shares of the company’s stock worth $309,000 after purchasing an additional 225 shares during the period. Parallel Advisors LLC increased its holdings in shares of VanEck Agribusiness ETF by 67.2% during the 1st quarter. Parallel Advisors LLC now owns 560 shares of the company’s stock worth $47,000 after buying an additional 225 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of VanEck Agribusiness ETF by 0.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 40,398 shares of the company’s stock worth $2,974,000 after buying an additional 228 shares during the last quarter. Citizens Financial Group Inc. RI raised its position in shares of VanEck Agribusiness ETF by 2.5% in the 4th quarter. Citizens Financial Group Inc. RI now owns 9,679 shares of the company’s stock worth $705,000 after buying an additional 233 shares during the period. Finally, Private Advisor Group LLC boosted its holdings in VanEck Agribusiness ETF by 3.7% in the first quarter. Private Advisor Group LLC now owns 6,808 shares of the company’s stock valued at $575,000 after acquiring an additional 246 shares during the last quarter.

VanEck Agribusiness ETF Trading Up 0.1%

MOO stock opened at $81.62 on Wednesday. The stock has a 50-day moving average price of $80.32 and a two-hundred day moving average price of $82.00. VanEck Agribusiness ETF has a 12-month low of $69.32 and a 12-month high of $86.56. The company has a market cap of $975.36 million, a PE ratio of 19.69 and a beta of 0.70.

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.