Fortis Advisors LLC Has $2.95 Million Holdings in VanEck Agribusiness ETF (NYSEARCA:MOO)

Fortis Advisors LLC lifted its holdings in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 3.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 45,776 shares of the company’s stock after purchasing an additional 1,598 shares during the period. VanEck Agribusiness ETF accounts for 1.9% of Fortis Advisors LLC’s holdings, making the stock its 14th biggest holding. Fortis Advisors LLC’s holdings in VanEck Agribusiness ETF were worth $2,953,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Coastline Trust Co acquired a new position in VanEck Agribusiness ETF in the third quarter valued at $45,000. Truvestments Capital LLC acquired a new position in shares of VanEck Agribusiness ETF during the third quarter valued at about $53,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of VanEck Agribusiness ETF during the third quarter valued at about $205,000. CreativeOne Wealth LLC acquired a new position in shares of VanEck Agribusiness ETF during the third quarter valued at about $214,000. Finally, NBC Securities Inc. raised its holdings in shares of VanEck Agribusiness ETF by 32.2% during the third quarter. NBC Securities Inc. now owns 3,057 shares of the company’s stock valued at $230,000 after purchasing an additional 745 shares during the period.

VanEck Agribusiness ETF Trading Up 2.5 %

Shares of NYSEARCA MOO opened at $66.11 on Tuesday. The firm’s 50-day moving average price is $68.71 and its 200-day moving average price is $70.89. VanEck Agribusiness ETF has a 1-year low of $63.91 and a 1-year high of $76.19. The firm has a market capitalization of $713.99 million, a P/E ratio of 8.36 and a beta of 0.85.

VanEck Agribusiness ETF 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.