VanEck Agribusiness ETF (NYSEARCA:MOO – Get Free Report) saw unusually-high trading volume on Friday . Approximately 88,634 shares were traded during trading, an increase of 55% from the previous session’s volume of 57,352 shares.The stock last traded at $70.4540 and had previously closed at $69.32.
VanEck Agribusiness ETF Trading Up 2.5%
The company has a market capitalization of $582.86 million, a price-to-earnings ratio of 19.69 and a beta of 0.88. The stock has a 50-day simple moving average of $72.65 and a 200-day simple moving average of $73.14.
Institutional Investors Weigh In On VanEck Agribusiness ETF
A number of institutional investors have recently modified their holdings of the stock. AE Wealth Management LLC lifted its position in shares of VanEck Agribusiness ETF by 53.7% during the first quarter. AE Wealth Management LLC now owns 1,165 shares of the company’s stock worth $79,000 after purchasing an additional 407 shares during the last quarter. Arkadios Wealth Advisors acquired a new stake in shares of VanEck Agribusiness ETF during the 1st quarter valued at approximately $387,000. NorthRock Partners LLC bought a new position in VanEck Agribusiness ETF during the first quarter worth $144,000. Moors & Cabot Inc. boosted its holdings in VanEck Agribusiness ETF by 16.3% in the first quarter. Moors & Cabot Inc. now owns 3,929 shares of the company’s stock worth $267,000 after purchasing an additional 550 shares during the period. Finally, Blair William & Co. IL increased its stake in VanEck Agribusiness ETF by 6.5% during the first quarter. Blair William & Co. IL now owns 7,873 shares of the company’s stock valued at $534,000 after purchasing an additional 480 shares during the last quarter.
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.
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