VanEck Agribusiness ETF (NYSEARCA:MOO) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

VanEck Agribusiness ETF (NYSEARCA:MOOGet Free Report)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $68.23 and traded as high as $68.78. VanEck Agribusiness ETF shares last traded at $68.09, with a volume of 55,935 shares.

VanEck Agribusiness ETF Stock Down 0.4 %

The business’s fifty day moving average price is $68.23 and its 200 day moving average price is $69.81. The firm has a market capitalization of $568.55 million, a PE ratio of 18.97 and a beta of 0.93.

Institutional Trading of VanEck Agribusiness ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Truvestments Capital LLC acquired a new position in shares of VanEck Agribusiness ETF during the 3rd quarter valued at about $53,000. Bessemer Group Inc. purchased a new stake in VanEck Agribusiness ETF in the fourth quarter valued at approximately $71,000. SBI Securities Co. Ltd. acquired a new position in VanEck Agribusiness ETF during the fourth quarter worth approximately $111,000. Colonial Trust Co SC raised its stake in VanEck Agribusiness ETF by 35.7% during the fourth quarter. Colonial Trust Co SC now owns 1,900 shares of the company’s stock worth $123,000 after purchasing an additional 500 shares during the period. Finally, Anchor Investment Management LLC boosted its holdings in shares of VanEck Agribusiness ETF by 24.5% in the 4th quarter. Anchor Investment Management LLC now owns 2,544 shares of the company’s stock valued at $164,000 after purchasing an additional 500 shares during the last quarter.

About VanEck Agribusiness ETF

(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.

Featured Stories

Receive News & Ratings for VanEck Agribusiness ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Agribusiness ETF and related companies with MarketBeat.com's FREE daily email newsletter.