iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Stock Price Up 0.1% – What’s Next?

Shares of iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) rose 0.1% on Wednesday . The company traded as high as $47.75 and last traded at $47.26. 17,801 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 61,070 shares. The stock had previously closed at $47.22.

iShares MSCI Agriculture Producers ETF Stock Up 0.1%

The company has a market cap of $170.14 million, a PE ratio of 18.90 and a beta of 0.67. The company has a 50-day moving average of $46.23 and a 200-day moving average of $45.26.

Hedge Funds Weigh In On iShares MSCI Agriculture Producers ETF

A number of hedge funds have recently bought and sold shares of the company. Sound Income Strategies LLC bought a new stake in iShares MSCI Agriculture Producers ETF in the 1st quarter worth about $27,000. Glenmede Trust Co. NA bought a new position in shares of iShares MSCI Agriculture Producers ETF during the 1st quarter worth approximately $40,000. Commonwealth Retirement Investments LLC purchased a new position in shares of iShares MSCI Agriculture Producers ETF in the 4th quarter worth approximately $46,000. Finally, Nations Financial Group Inc. IA ADV purchased a new position in shares of iShares MSCI Agriculture Producers ETF in the 1st quarter worth approximately $871,000.

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.