iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Stock Price Down 0.6% – What’s Next?

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) traded down 0.6% during trading on Thursday . The company traded as low as $34.94 and last traded at $35.10. 13,217 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 27,563 shares. The stock had previously closed at $35.31.

iShares MSCI Agriculture Producers ETF Stock Up 0.0 %

The firm has a market capitalization of $121.13 million, a price-to-earnings ratio of 8.65 and a beta of 0.75. The firm’s 50 day moving average is $36.85 and its 200 day moving average is $36.57.

Institutional Investors Weigh In On iShares MSCI Agriculture Producers ETF

An institutional investor recently raised its position in iShares MSCI Agriculture Producers ETF stock. BNP Paribas grew its holdings in iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) by 11.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,748 shares of the company’s stock after purchasing an additional 1,353 shares during the period. BNP Paribas owned approximately 0.37% of iShares MSCI Agriculture Producers ETF worth $485,000 as of its most recent SEC filing.

iShares MSCI Agriculture Producers ETF Company Profile

The iShares MSCI Global Agriculture Producers ETF (VEGI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies that are sensitive to agricultural commodity prices. VEGI was launched on Jan 31, 2012 and is managed by BlackRock.