VanEck Agribusiness ETF (NYSEARCA:MOO – Get Free Report) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $68.23 and traded as high as $68.78. VanEck Agribusiness ETF shares last traded at $68.09, with a volume of 55,935 shares changing hands.
VanEck Agribusiness ETF Trading Up 0.8 %
The company has a market cap of $574.73 million, a price-to-earnings ratio of 18.97 and a beta of 0.93. The company’s 50 day moving average price is $68.29 and its 200 day moving average price is $69.79.
Institutional Trading of VanEck Agribusiness ETF
Several hedge funds have recently modified their holdings of MOO. Truvestments Capital LLC acquired a new stake in shares of VanEck Agribusiness ETF in the third quarter valued at about $53,000. Bessemer Group Inc. purchased a new stake in shares of VanEck Agribusiness ETF during the 4th quarter worth approximately $71,000. SBI Securities Co. Ltd. purchased a new stake in shares of VanEck Agribusiness ETF during the 4th quarter worth approximately $111,000. Colonial Trust Co SC grew its holdings in shares of VanEck Agribusiness ETF by 35.7% in the 4th quarter. Colonial Trust Co SC now owns 1,900 shares of the company’s stock worth $123,000 after acquiring an additional 500 shares during the period. Finally, Anchor Investment Management LLC increased its stake in VanEck Agribusiness ETF by 24.5% in the 4th quarter. Anchor Investment Management LLC now owns 2,544 shares of the company’s stock valued at $164,000 after purchasing an additional 500 shares in 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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