VanEck Future of Food ETF (NYSEARCA:YUMY) Trading Down 0.7%

VanEck Future of Food ETF (NYSEARCA:YUMY)’s stock price traded down 0.7% on Wednesday . The company traded as low as $16.47 and last traded at $16.47. 100 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 1,387 shares. The stock had previously closed at $16.59.

VanEck Future of Food ETF Stock Down 0.7 %

The firm’s 50 day moving average is $16.47 and its 200-day moving average is $16.45. The firm has a market cap of $3.29 million, a PE ratio of 12.87 and a beta of 0.80.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VanEck Future of Food ETF stock. JNBA Financial Advisors boosted its holdings in VanEck Future of Food ETF (NYSEARCA:YUMY) by 47.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,833 shares of the company’s stock after purchasing an additional 915 shares during the quarter. JNBA Financial Advisors owned approximately 1.42% of VanEck Future of Food ETF worth $47,000 as of its most recent filing with the Securities and Exchange Commission.

VanEck Future of Food ETF Company Profile

The VanEck Future of Food ETF (YUMY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global companies involved in sustainable agriculture and food innovations. YUMY was launched on Nov 30, 2021 and is managed by VanEck.