Daiwa Securities Group Inc. Purchases 3,900 Shares of VanEck Agribusiness ETF (NYSEARCA:MOO)

Daiwa Securities Group Inc. boosted its position in VanEck Agribusiness ETF (NYSEARCA:MOO) by 14.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,050 shares of the company’s stock after acquiring an additional 3,900 shares during the quarter. Daiwa Securities Group Inc. owned 0.29% of VanEck Agribusiness ETF worth $2,003,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in MOO. Fortis Advisors LLC acquired a new stake in VanEck Agribusiness ETF in the third quarter valued at approximately $3,336,000. Raymond James Financial Inc. acquired a new stake in VanEck Agribusiness ETF in the fourth quarter valued at approximately $2,058,000. IHT Wealth Management LLC acquired a new stake in VanEck Agribusiness ETF in the third quarter valued at approximately $2,214,000. Transform Wealth LLC boosted its position in VanEck Agribusiness ETF by 189.3% in the fourth quarter. Transform Wealth LLC now owns 43,525 shares of the company’s stock valued at $2,808,000 after buying an additional 28,480 shares in the last quarter. Finally, Van ECK Associates Corp boosted its position in VanEck Agribusiness ETF by 174.9% in the fourth quarter. Van ECK Associates Corp now owns 30,714 shares of the company’s stock valued at $1,982,000 after buying an additional 19,541 shares in the last quarter.

VanEck Agribusiness ETF Price Performance

Shares of VanEck Agribusiness ETF stock opened at $68.09 on Friday. VanEck Agribusiness ETF has a fifty-two week low of $63.91 and a fifty-two week high of $76.19. The firm has a market capitalization of $571.96 million, a P/E ratio of 17.87 and a beta of 0.93. The company’s 50 day moving average price is $67.71 and its two-hundred day moving average price is $70.05.

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.