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

VanEck Future of Food ETF (NYSEARCA:YUMY) dropped 0.7% during mid-day trading on Wednesday . 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 fifty day moving average of $16.47 and a 200-day moving average of $16.45. The stock has a market capitalization of $3.29 million, a price-to-earnings ratio of 12.87 and a beta of 0.80.

Institutional Trading of VanEck Future of Food ETF

An institutional investor recently raised its position in VanEck Future of Food ETF stock. JNBA Financial Advisors grew its holdings in shares of 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 (SEC). The institutional investor owned 2,833 shares of the company’s stock after acquiring an additional 915 shares during the period. JNBA Financial Advisors owned about 1.42% of VanEck Future of Food ETF worth $47,000 as of its most recent SEC filing.

About VanEck Future of Food ETF

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.