Corecam AG Invests $1.75 Million in VanEck Agribusiness ETF $MOO

Corecam AG bought a new stake in VanEck Agribusiness ETF (NYSEARCA:MOO) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 20,710 shares of the company’s stock, valued at approximately $1,750,000. VanEck Agribusiness ETF accounts for approximately 1.5% of Corecam AG’s portfolio, making the stock its 22nd biggest position. Corecam AG owned approximately 0.14% of VanEck Agribusiness ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MOO. IFP Advisors Inc acquired a new stake in VanEck Agribusiness ETF during the 3rd quarter worth $25,000. Arax Advisory Partners acquired a new position in VanEck Agribusiness ETF in the fourth quarter valued at $25,000. Nalls Sherbakoff Group LLC acquired a new position in VanEck Agribusiness ETF in the fourth quarter valued at $27,000. EFG International AG purchased a new stake in shares of VanEck Agribusiness ETF in the fourth quarter valued at about $30,000. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of VanEck Agribusiness ETF in the second quarter valued at about $35,000.

VanEck Agribusiness ETF Stock Performance

Shares of MOO opened at $79.29 on Friday. VanEck Agribusiness ETF has a fifty-two week low of $69.32 and a fifty-two week high of $86.56. The firm has a 50-day simple moving average of $80.56 and a 200-day simple moving average of $80.33. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 19.69 and a beta of 0.70.

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.