VanEck Agribusiness ETF (NYSEARCA:MOO) Sees Unusually-High Trading Volume

VanEck Agribusiness ETF (NYSEARCA:MOOGet Rating) shares saw an uptick in trading volume on Thursday . 47,673 shares changed hands during mid-day trading, a decline of 82% from the previous session’s volume of 264,301 shares.The stock last traded at $90.88 and had previously closed at $91.04.

VanEck Agribusiness ETF Price Performance

The stock’s fifty day simple moving average is $89.60 and its two-hundred day simple moving average is $95.57.

Hedge Funds Weigh In On VanEck Agribusiness ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MOO. Captrust Financial Advisors boosted its position in shares of VanEck Agribusiness ETF by 6.4% in the first quarter. Captrust Financial Advisors now owns 1,951 shares of the company’s stock valued at $204,000 after acquiring an additional 117 shares during the period. Principal Street Partners LLC boosted its position in shares of VanEck Agribusiness ETF by 1.2% in the fourth quarter. Principal Street Partners LLC now owns 11,235 shares of the company’s stock valued at $1,072,000 after acquiring an additional 131 shares during the period. Catalyst Capital Advisors LLC boosted its position in shares of VanEck Agribusiness ETF by 6.0% during the 4th quarter. Catalyst Capital Advisors LLC now owns 2,939 shares of the company’s stock valued at $280,000 after acquiring an additional 167 shares in the last quarter. Mandatum Life Insurance Co Ltd increased its stake in VanEck Agribusiness ETF by 1.0% in the fourth quarter. Mandatum Life Insurance Co Ltd now owns 17,568 shares of the company’s stock valued at $1,676,000 after acquiring an additional 170 shares during the period. Finally, Raymond James Trust N.A. increased its stake in VanEck Agribusiness ETF by 8.5% in the second quarter. Raymond James Trust N.A. now owns 2,472 shares of the company’s stock valued at $214,000 after acquiring an additional 194 shares during the period.

About VanEck Agribusiness ETF

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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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