VanEck Agribusiness ETF (NYSEARCA:MOO) Sees Large Volume Increase

VanEck Agribusiness ETF (NYSEARCA:MOO) shares saw unusually-strong trading volume on Tuesday . Approximately 271,932 shares traded hands during trading, an increase of 342% from the previous session’s volume of 61,560 shares.The stock last traded at $71.31 and had previously closed at $72.26.

VanEck Agribusiness ETF Stock Performance

The stock has a market cap of $772.09 million, a P/E ratio of 8.36 and a beta of 0.85. The firm’s fifty day simple moving average is $71.34 and its 200-day simple moving average is $72.13.

Institutional Trading of VanEck Agribusiness ETF

A number of large investors have recently bought and sold shares of MOO. Ironsides Asset Advisors LLC grew its position in shares of VanEck Agribusiness ETF by 5.2% during the 1st quarter. Ironsides Asset Advisors LLC now owns 4,399 shares of the company’s stock worth $330,000 after buying an additional 217 shares during the period. D.A. Davidson & CO. increased its stake in VanEck Agribusiness ETF by 4.1% in the fourth quarter. D.A. Davidson & CO. now owns 7,660 shares of the company’s stock valued at $584,000 after purchasing an additional 300 shares in the last quarter. Barry Investment Advisors LLC increased its stake in VanEck Agribusiness ETF by 9.2% in the fourth quarter. Barry Investment Advisors LLC now owns 3,755 shares of the company’s stock valued at $286,000 after purchasing an additional 315 shares in the last quarter. Cetera Advisors LLC raised its holdings in shares of VanEck Agribusiness ETF by 0.9% during the first quarter. Cetera Advisors LLC now owns 42,120 shares of the company’s stock valued at $3,164,000 after purchasing an additional 361 shares during the period. Finally, Benjamin F. Edwards & Company Inc. boosted its position in shares of 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 worth $377,000 after purchasing an additional 386 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.