iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Stock Break Above 200 Day Moving Average – Here’s What Happened

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI)’s stock price passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $45.05 and traded as high as $45.18. iShares MSCI Agriculture Producers ETF shares last traded at $45.14, with a volume of 27,095 shares trading hands.

iShares MSCI Agriculture Producers ETF Trading Up 1.2%

The company’s 50-day simple moving average is $46.29 and its 200 day simple moving average is $45.05. The stock has a market cap of $169.28 million, a P/E ratio of 18.90 and a beta of 0.68.

Institutional Trading of iShares MSCI Agriculture Producers ETF

An institutional investor recently bought a new position in iShares MSCI Agriculture Producers ETF stock. Glenmede Trust Co. NA acquired a new position in iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 877 shares of the company’s stock, valued at approximately $40,000.

About iShares MSCI Agriculture Producers ETF

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.