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

Shares of VanEck Vectors Agribusiness ETF (NYSEARCA:MOO) saw an uptick in trading volume on Friday . 839,200 shares changed hands during trading, an increase of 1,418% from the previous session’s volume of 55,294 shares.The stock last traded at $65.09 and had previously closed at $64.13.

The stock’s fifty day moving average price is $65.71 and its 200 day moving average price is $64.58.

A number of institutional investors have recently made changes to their positions in MOO. Deutsche Bank AG bought a new position in VanEck Vectors Agribusiness ETF in the 4th quarter worth about $41,000. Westside Investment Management Inc. bought a new position in VanEck Vectors Agribusiness ETF in the 2nd quarter worth about $73,000. FNY Investment Advisers LLC bought a new position in VanEck Vectors Agribusiness ETF in the 2nd quarter worth about $117,000. Steward Partners Investment Advisory LLC bought a new position in VanEck Vectors Agribusiness ETF in the 2nd quarter worth about $147,000. Finally, Valley National Advisers Inc. boosted its stake in VanEck Vectors Agribusiness ETF by 15.3% in the 2nd quarter. Valley National Advisers Inc. now owns 2,536 shares of the company’s stock worth $169,000 after purchasing an additional 337 shares in the last quarter.

About VanEck Vectors Agribusiness ETF (NYSEARCA:MOO)

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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