Verity Asset Management Inc. Buys 8,442 Shares of VanEck Agribusiness ETF $MOO

Verity Asset Management Inc. purchased a new stake in VanEck Agribusiness ETF (NYSEARCA:MOO) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,442 shares of the company’s stock, valued at approximately $688,000. Verity Asset Management Inc. owned 0.06% of VanEck Agribusiness ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Latitude Advisors LLC bought a new position in shares of VanEck Agribusiness ETF during the 3rd quarter worth about $29,000. Parallel Advisors LLC raised its position in shares of VanEck Agribusiness ETF by 67.2% during the first quarter. Parallel Advisors LLC now owns 560 shares of the company’s stock valued at $47,000 after buying an additional 225 shares during the last quarter. Integrity Financial Corp WA acquired a new position in shares of VanEck Agribusiness ETF during the second quarter valued at about $53,000. Geneos Wealth Management Inc. acquired a new position in shares of VanEck Agribusiness ETF during the first quarter valued at about $64,000. Finally, Western Wealth Management LLC bought a new stake in shares of VanEck Agribusiness ETF in the first quarter valued at about $64,000.

VanEck Agribusiness ETF Stock Performance

NYSEARCA MOO opened at $83.71 on Thursday. VanEck Agribusiness ETF has a twelve month low of $69.32 and a twelve month high of $89.30. The stock has a market cap of $1.12 billion, a PE ratio of 19.69 and a beta of 0.72. The firm has a 50-day simple moving average of $83.47 and a 200 day simple moving average of $82.34.

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.