The Manufacturers Life Insurance Company Buys New Holdings in VanEck Agribusiness ETF $MOO

The Manufacturers Life Insurance Company purchased a new position in shares of 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 purchased 16,687 shares of the company’s stock, valued at approximately $1,410,000. The Manufacturers Life Insurance Company owned 0.12% of VanEck Agribusiness ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Retirement Financial Solutions LLC acquired a new stake in shares of VanEck Agribusiness ETF in the first quarter valued at approximately $11,613,000. Krilogy Financial LLC acquired a new position in shares of VanEck Agribusiness ETF during the 4th quarter worth approximately $6,724,000. Keudell Morrison Wealth Management acquired a new position in shares of VanEck Agribusiness ETF during the 1st quarter worth approximately $5,835,000. M&T Bank Corp raised its stake in VanEck Agribusiness ETF by 648.5% in the 4th quarter. M&T Bank Corp now owns 77,330 shares of the company’s stock valued at $5,629,000 after acquiring an additional 66,998 shares during the period. Finally, Fiduciary Alliance LLC bought a new stake in VanEck Agribusiness ETF in the 1st quarter valued at $2,970,000.

VanEck Agribusiness ETF Price Performance

Shares of VanEck Agribusiness ETF stock opened at $81.52 on Tuesday. The business has a fifty day simple moving average of $80.28 and a two-hundred day simple moving average of $81.98. VanEck Agribusiness ETF has a 1 year low of $69.32 and a 1 year high of $86.56. The company has a market capitalization of $974.16 million, a price-to-earnings 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.