65,134 Shares in VanEck Agribusiness ETF $MOO Purchased by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. acquired a new position in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) in the second quarter, Holdings Channel reports. The institutional investor acquired 65,134 shares of the company’s stock, valued at approximately $4,795,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Brookstone Capital Management increased its position in shares of VanEck Agribusiness ETF by 5.0% during the 2nd quarter. Brookstone Capital Management now owns 5,636 shares of the company’s stock worth $415,000 after purchasing an additional 269 shares during the last quarter. Primoris Wealth Advisors LLC purchased a new position in VanEck Agribusiness ETF during the 2nd quarter valued at about $3,915,000. Private Trust Co. NA purchased a new position in VanEck Agribusiness ETF during the 2nd quarter valued at about $114,000. CWM LLC boosted its holdings in VanEck Agribusiness ETF by 40.4% during the 2nd quarter. CWM LLC now owns 1,574 shares of the company’s stock valued at $116,000 after acquiring an additional 453 shares during the period. Finally, Comprehensive Money Management Services LLC boosted its holdings in VanEck Agribusiness ETF by 1.1% during the 2nd quarter. Comprehensive Money Management Services LLC now owns 17,980 shares of the company’s stock valued at $1,324,000 after acquiring an additional 194 shares during the period.

VanEck Agribusiness ETF Stock Performance

Shares of MOO opened at $73.58 on Wednesday. The stock has a 50-day simple moving average of $73.83 and a 200-day simple moving average of $72.70. The stock has a market capitalization of $603.36 million, a PE ratio of 19.69 and a beta of 0.88. VanEck Agribusiness ETF has a 1 year low of $59.58 and a 1 year high of $75.91.

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.