Arkansas Financial Group Inc. Sells 7,458 Shares of VanEck Agribusiness ETF (NYSEARCA:MOO)

Arkansas Financial Group Inc. cut its holdings in VanEck Agribusiness ETF (NYSEARCA:MOO) by 8.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,575 shares of the company’s stock after selling 7,458 shares during the period. VanEck Agribusiness ETF makes up approximately 1.1% of Arkansas Financial Group Inc.’s portfolio, making the stock its 24th biggest position. Arkansas Financial Group Inc. owned approximately 0.63% of VanEck Agribusiness ETF worth $6,204,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MOO. Wellington Management Group LLP raised its holdings in shares of VanEck Agribusiness ETF by 1,600.0% during the fourth quarter. Wellington Management Group LLP now owns 165,989 shares of the company’s stock valued at $12,645,000 after purchasing an additional 156,225 shares during the period. Parkside Investments LLC lifted its holdings in shares of VanEck Agribusiness ETF by 1,640.2% in the 1st quarter. Parkside Investments LLC now owns 113,115 shares of the company’s stock worth $8,498,000 after purchasing an additional 106,615 shares in the last quarter. 1832 Asset Management L.P. grew its position in VanEck Agribusiness ETF by 16.9% in the 4th quarter. 1832 Asset Management L.P. now owns 509,827 shares of the company’s stock valued at $38,839,000 after purchasing an additional 73,589 shares during the period. Van ECK Associates Corp increased its stake in VanEck Agribusiness ETF by 19.4% during the 4th quarter. Van ECK Associates Corp now owns 45,604 shares of the company’s stock valued at $3,474,000 after purchasing an additional 7,420 shares in the last quarter. Finally, Strategic Wealth Investment Group LLC raised its holdings in VanEck Agribusiness ETF by 8.7% during the fourth quarter. Strategic Wealth Investment Group LLC now owns 79,288 shares of the company’s stock worth $6,040,000 after buying an additional 6,327 shares during the last quarter.

VanEck Agribusiness ETF Price Performance

Shares of NYSEARCA MOO traded down $0.32 during mid-day trading on Thursday, reaching $70.24. 17,812 shares of the company’s stock traded hands, compared to its average volume of 63,055. VanEck Agribusiness ETF has a 1-year low of $69.38 and a 1-year high of $88.00. The stock has a market cap of $758.59 million, a P/E ratio of 8.36 and a beta of 0.85. The business has a 50-day simple moving average of $72.16 and a 200 day simple moving average of $72.96.

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.