VanEck Agribusiness ETF (NYSEARCA:MOO) Reaches New 52-Week Low at $69.34

VanEck Agribusiness ETF (NYSEARCA:MOO)’s stock price reached a new 52-week low on Monday . The company traded as low as $69.34 and last traded at $69.36, with a volume of 46126 shares changing hands. The stock had previously closed at $70.12.

VanEck Agribusiness ETF Stock Down 1.1 %

The company’s fifty day moving average price is $72.12 and its two-hundred day moving average price is $72.89. The firm has a market cap of $748.76 million, a PE ratio of 8.36 and a beta of 0.85.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in MOO. 1832 Asset Management L.P. raised its position in shares of VanEck Agribusiness ETF by 16.9% in the fourth quarter. 1832 Asset Management L.P. now owns 509,827 shares of the company’s stock valued at $38,839,000 after buying an additional 73,589 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of VanEck Agribusiness ETF by 70.2% during the 1st quarter. Jane Street Group LLC now owns 305,143 shares of the company’s stock worth $22,925,000 after purchasing an additional 125,854 shares during the period. GenTrust LLC boosted its holdings in shares of VanEck Agribusiness ETF by 2.7% during the first quarter. GenTrust LLC now owns 187,276 shares of the company’s stock worth $14,070,000 after purchasing an additional 4,888 shares during the last quarter. Wellington Management Group LLP grew its position in shares of VanEck Agribusiness ETF by 1,600.0% in the fourth quarter. Wellington Management Group LLP now owns 165,989 shares of the company’s stock valued at $12,645,000 after purchasing an additional 156,225 shares during the period. Finally, Parkside Investments LLC increased its stake in VanEck Agribusiness ETF by 1,640.2% in the first quarter. Parkside Investments LLC now owns 113,115 shares of the company’s stock valued at $8,498,000 after purchasing an additional 106,615 shares during 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.