Corecam Pte. Ltd. Acquires 52,600 Shares of VanEck Agribusiness ETF $MOO

Corecam Pte. Ltd. increased its holdings in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 90.4% during the third quarter, HoldingsChannel.com reports. The fund owned 110,790 shares of the company’s stock after buying an additional 52,600 shares during the quarter. VanEck Agribusiness ETF makes up approximately 3.7% of Corecam Pte. Ltd.’s investment portfolio, making the stock its 8th largest position. Corecam Pte. Ltd.’s holdings in VanEck Agribusiness ETF were worth $9,026,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Evolution Wealth Management Inc. bought a new position in VanEck Agribusiness ETF in the 1st quarter valued at $45,000. Parallel Advisors LLC increased its position 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 valued at $47,000 after purchasing an additional 225 shares during the last quarter. Integrity Financial Corp WA purchased a new stake in shares of VanEck Agribusiness ETF during the 2nd quarter valued at $53,000. Geneos Wealth Management Inc. bought a new stake in shares of VanEck Agribusiness ETF during the 1st quarter worth $64,000. Finally, Western Wealth Management LLC bought a new stake in shares of VanEck Agribusiness ETF during the 1st quarter worth $64,000.

VanEck Agribusiness ETF Price Performance

NYSEARCA MOO opened at $81.69 on Friday. The business’s fifty day moving average is $83.84 and its 200-day moving average is $82.17. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 19.69 and a beta of 0.72. VanEck Agribusiness ETF has a one year low of $69.32 and a one year high of $89.30.

VanEck Agribusiness ETF Company Profile

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.