Deere & Co exceeded Q1 fiscal 2024 forecasts but cut annual profit expectations, leading to a 5.2% drop in shares on Feb 15, its largest decline in almost three months, drawing attention to ETFs heavily invested in the company.

Over 460 new exchange-traded products have entered the market so far this year, compared to 340 launched in the same period last year.

The world’s largest agricultural equipment maker under the John Deere brand, Deere & Co, reported fourth-quarter fiscal 2023 results, beating estimates on both counts. This has put ETFs with the largest allocation to this equipment giant in focus.