Red Tortoise LLC Purchases New Position in iShares MSCI Agriculture Producers ETF $VEGI

Red Tortoise LLC acquired a new position in shares of iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 25,000 shares of the company’s stock, valued at approximately $981,000.

Separately, BNP Paribas boosted its position in iShares MSCI Agriculture Producers ETF by 5.6% in the second quarter. BNP Paribas now owns 13,007 shares of the company’s stock valued at $524,000 after buying an additional 685 shares in the last quarter.

iShares MSCI Agriculture Producers ETF Stock Performance

NYSEARCA VEGI opened at $39.19 on Tuesday. The firm’s fifty day moving average price is $38.93 and its two-hundred day moving average price is $39.63. The stock has a market cap of $86.22 million, a PE ratio of 18.90 and a beta of 0.81. iShares MSCI Agriculture Producers ETF has a fifty-two week low of $33.13 and a fifty-two week high of $41.36.

iShares MSCI Agriculture Producers ETF 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.