iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Stock Price Down 1.1% – Here’s What Happened

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI)’s stock price were down 1.1% during trading on Thursday . The company traded as low as $35.21 and last traded at $35.30. Approximately 26,163 shares changed hands during trading, an increase of 52% from the average daily volume of 17,232 shares. The stock had previously closed at $35.70.

iShares MSCI Agriculture Producers ETF Trading Down 1.1 %

The business has a 50-day moving average price of $37.46 and a 200-day moving average price of $36.63. The firm has a market cap of $121.79 million, a P/E ratio of 8.65 and a beta of 0.75.

Institutional Investors Weigh In On iShares MSCI Agriculture Producers ETF

An institutional investor recently raised its position in iShares MSCI Agriculture Producers ETF stock. Family Firm Inc. grew its position in iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) by 14.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,364 shares of the company’s stock after purchasing an additional 1,468 shares during the quarter. Family Firm Inc. owned about 0.33% of iShares MSCI Agriculture Producers ETF worth $407,000 at the end of the most recent reporting period.

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.