NTV Asset Management LLC Cuts Position in VanEck Agribusiness ETF (NYSEARCA:MOO)

NTV Asset Management LLC lessened its holdings in VanEck Agribusiness ETF (NYSEARCA:MOO) by 3.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,416 shares of the company’s stock after selling 409 shares during the period. NTV Asset Management LLC owned approximately 0.11% of VanEck Agribusiness ETF worth $737,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. US Bancorp DE lifted its stake in VanEck Agribusiness ETF by 1.5% in the third quarter. US Bancorp DE now owns 24,469 shares of the company’s stock valued at $1,848,000 after purchasing an additional 356 shares during the last quarter. Sanctuary Advisors LLC lifted its position in shares of VanEck Agribusiness ETF by 8.0% during the fourth quarter. Sanctuary Advisors LLC now owns 7,768 shares of the company’s stock worth $545,000 after acquiring an additional 578 shares in the last quarter. Coastline Trust Co purchased a new stake in shares of VanEck Agribusiness ETF during the third quarter worth $45,000. Captrust Financial Advisors lifted its position in shares of VanEck Agribusiness ETF by 18.4% during the third quarter. Captrust Financial Advisors now owns 4,059 shares of the company’s stock worth $306,000 after acquiring an additional 632 shares in the last quarter. Finally, Brookstone Capital Management lifted its position in shares of VanEck Agribusiness ETF by 14.6% during the fourth quarter. Brookstone Capital Management now owns 5,074 shares of the company’s stock worth $327,000 after acquiring an additional 646 shares in the last quarter.

VanEck Agribusiness ETF Price Performance

NYSEARCA:MOO opened at $67.62 on Monday. The company has a market cap of $730.30 million, a P/E ratio of 8.36 and a beta of 0.85. The stock’s fifty day moving average price is $67.27 and its two-hundred day moving average price is $70.42. VanEck Agribusiness ETF has a 1 year low of $63.91 and a 1 year high of $76.19.

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.