VanEck Agribusiness ETF (NYSEARCA:MOO) Hits New 52-Week Low – Here’s Why

Posted by Paula Ricardo on Dec 18th, 2024

VanEck Agribusiness ETF (NYSEARCA:MOO – Get Free Report) shares reached a new 52-week low during trading on Wednesday . The company traded as low as $67.37 and last traded at $67.41, with a volume of 55549 shares trading hands. The stock had previously closed at $68.90.

VanEck Agribusiness ETF Trading Down 3.0 %

The company has a market cap of $721.44 million, a PE ratio of 8.36 and a beta of 0.85. The stock has a 50 day moving average price of $71.54 and a 200 day moving average price of $71.66.

Institutional Trading of VanEck Agribusiness ETF

Institutional investors have recently bought and sold shares of the company. Rothschild Investment LLC purchased a new stake in VanEck Agribusiness ETF during the 2nd quarter valued at about $42,000. Coastline Trust Co purchased a new stake in shares of VanEck Agribusiness ETF during the 3rd quarter valued at about $45,000. Truvestments Capital LLC purchased a new position in shares of VanEck Agribusiness ETF in the third quarter worth approximately $53,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of VanEck Agribusiness ETF in the third quarter worth approximately $205,000. Finally, CreativeOne Wealth LLC purchased a new position in shares of VanEck Agribusiness ETF in the third quarter worth approximately $214,000.

VanEck Agribusiness ETF Company Profile

(Get Free Report)

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.