MML Investors Services LLC Sells 405 Shares of VanEck Agribusiness ETF (NYSEARCA:MOO)

MML Investors Services LLC lessened its position in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 12.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 2,820 shares of the company’s stock after selling 405 shares during the quarter. MML Investors Services LLC’s holdings in VanEck Agribusiness ETF were worth $213,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Rothschild Investment LLC acquired a new stake in shares of VanEck Agribusiness ETF during the second quarter worth $42,000. Coastline Trust Co bought a new position in VanEck Agribusiness ETF during the third quarter worth about $45,000. Truvestments Capital LLC acquired a new position in shares of VanEck Agribusiness ETF during the 3rd quarter worth about $53,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of VanEck Agribusiness ETF in the 3rd quarter valued at about $205,000. Finally, CreativeOne Wealth LLC acquired a new stake in shares of VanEck Agribusiness ETF in the 3rd quarter valued at approximately $214,000.

VanEck Agribusiness ETF Stock Performance

Shares of NYSEARCA:MOO opened at $64.98 on Friday. The company has a 50 day moving average price of $70.63 and a two-hundred day moving average price of $71.40. The company has a market capitalization of $701.78 million, a PE ratio of 8.36 and a beta of 0.85. VanEck Agribusiness ETF has a 52 week low of $64.15 and a 52 week high of $76.72.

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.