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

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

VanEck Future of Food ETF Stock Performance

The firm has a market cap of $3.29 million, a P/E ratio of 12.87 and a beta of 0.80. The stock’s 50 day simple moving average is $16.21 and its 200 day simple moving average is $15.81.

Institutional Trading of VanEck Future of Food ETF

An institutional investor recently bought a new position in VanEck Future of Food ETF stock. Assetmark Inc. acquired a new stake in shares of VanEck Future of Food ETF (NYSEARCA:YUMY) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,229 shares of the company’s stock, valued at approximately $98,000. Assetmark Inc. owned about 4.15% of VanEck Future of Food ETF as of its most recent SEC filing.

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.