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

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) traded down 0.6% during mid-day trading on Thursday . The stock traded as low as $34.94 and last traded at $35.10. 13,217 shares were traded during 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 company has a 50-day moving average price of $36.85 and a 200-day moving average price of $36.57.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares MSCI Agriculture Producers ETF stock. BNP Paribas grew its position in shares of iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) by 11.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 12,748 shares of the company’s stock after purchasing an additional 1,353 shares during the quarter. BNP Paribas owned 0.37% of iShares MSCI Agriculture Producers ETF worth $485,000 as of its most recent filing with the SEC.

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.