VanEck Agribusiness ETF (NYSEARCA:MOO – Get Free Report) reached a new 52-week low on Wednesday . The company traded as low as $63.99 and last traded at $64.12, with a volume of 17371 shares traded. The stock had previously closed at $64.94.
VanEck Agribusiness ETF Price Performance
The firm has a market capitalization of $695.84 million, a PE ratio of 8.36 and a beta of 0.85. The company has a fifty day moving average of $68.97 and a 200-day moving average of $70.96.
Institutional Trading of VanEck Agribusiness ETF
Institutional investors have recently added to or reduced their stakes in the business. 1832 Asset Management L.P. grew its holdings in VanEck Agribusiness ETF by 5.6% during the second quarter. 1832 Asset Management L.P. now owns 538,396 shares of the company’s stock valued at $37,752,000 after purchasing an additional 28,569 shares during the last quarter. Cerity Partners OCIO LLC bought a new position in VanEck Agribusiness ETF in the 2nd quarter worth $22,630,000. Bank of Montreal Can lifted its position in VanEck Agribusiness ETF by 1,013.4% during the 2nd quarter. Bank of Montreal Can now owns 59,722 shares of the company’s stock worth $4,188,000 after acquiring an additional 54,358 shares during the last quarter. Barry Investment Advisors LLC boosted its holdings in VanEck Agribusiness ETF by 57.7% during the third quarter. Barry Investment Advisors LLC now owns 58,314 shares of the company’s stock valued at $4,403,000 after acquiring an additional 21,335 shares during the period. Finally, Fortis Advisors LLC acquired a new stake in shares of VanEck Agribusiness ETF in the third quarter valued at about $3,336,000.
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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