VanEck Agribusiness ETF (NYSEARCA:MOO) Reaches New 12-Month Low at $67.62

VanEck Agribusiness ETF (NYSEARCA:MOO) shares reached a new 52-week low during trading on Monday . The company traded as low as $67.62 and last traded at $67.91, with a volume of 16222 shares trading hands. The stock had previously closed at $69.52.

VanEck Agribusiness ETF Stock Up 0.3 %

The stock has a market capitalization of $741.20 million, a P/E ratio of 8.36 and a beta of 0.85. The company has a fifty day simple moving average of $70.87 and a two-hundred day simple moving average of $72.12.

Institutional Trading of VanEck Agribusiness ETF

Several hedge funds have recently bought and sold shares of the stock. Principal Securities Inc. acquired a new position in shares of VanEck Agribusiness ETF during the fourth quarter worth about $33,000. BigSur Wealth Management LLC bought a new stake in VanEck Agribusiness ETF in the 1st quarter valued at approximately $44,000. Rothschild Investment LLC acquired a new position in VanEck Agribusiness ETF during the 2nd quarter worth approximately $42,000. NBC Securities Inc. grew its stake in shares of VanEck Agribusiness ETF by 759.7% during the 4th quarter. NBC Securities Inc. now owns 619 shares of the company’s stock worth $47,000 after acquiring an additional 547 shares in the last quarter. Finally, Jones Financial Companies Lllp acquired a new stake in shares of VanEck Agribusiness ETF in the fourth quarter valued at approximately $119,000.

About VanEck Agribusiness ETF

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.