VanEck Agribusiness ETF (NYSEARCA:MOO – Get Free Report) hit 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 changing hands. The stock had previously closed at $64.94.
VanEck Agribusiness ETF Trading Down 0.2 %
The company’s 50-day moving average price is $68.97 and its two-hundred day moving average price is $70.96. The company has a market cap of $695.84 million, a P/E ratio of 8.36 and a beta of 0.85.
Hedge Funds Weigh In On VanEck Agribusiness ETF
A number of institutional investors have recently bought and sold shares of MOO. Brookstone Capital Management boosted its position in shares of VanEck Agribusiness ETF by 7.2% in the third quarter. Brookstone Capital Management now owns 4,428 shares of the company’s stock worth $334,000 after buying an additional 298 shares during the period. US Bancorp DE boosted its position in VanEck Agribusiness ETF by 1.5% during the 3rd quarter. US Bancorp DE now owns 24,469 shares of the company’s stock worth $1,848,000 after acquiring an additional 356 shares during the period. Benjamin F. Edwards & Company Inc. grew its stake in VanEck Agribusiness ETF by 7.7% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 5,376 shares of the company’s stock valued at $377,000 after acquiring an additional 386 shares in the last quarter. Coastline Trust Co acquired a new position in shares of VanEck Agribusiness ETF in the 3rd quarter valued at about $45,000. Finally, Captrust Financial Advisors lifted its position in shares of VanEck Agribusiness ETF by 18.4% in the third quarter. Captrust Financial Advisors now owns 4,059 shares of the company’s stock worth $306,000 after purchasing an additional 632 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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