Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $12.10 and traded as high as $13.33. Blackrock Resources & Commodities Strategy Trust shares last traded at $13.09, with a volume of 221,179 shares trading hands.
Blackrock Resources & Commodities Strategy Trust Stock Performance
The business has a fifty day moving average of $12.15 and a two-hundred day moving average of $12.16.
Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust
Several institutional investors and hedge funds have recently modified their holdings of the stock. Allied Private Wealth LLC acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 2nd quarter worth about $28,000. IFP Advisors Inc acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth approximately $30,000. Advocate Investing Services LLC acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth approximately $35,000. Harbour Investments Inc. bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth approximately $43,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 431.2% during the first quarter. Geneos Wealth Management Inc. now owns 7,442 shares of the investment management company’s stock worth $69,000 after acquiring an additional 6,041 shares during the period.
Blackrock Resources & Commodities Strategy Trust Company Profile
BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) is a closed-end management investment company focused on achieving total return through exposure to global commodities and natural resource sectors. Listed on the New York Stock Exchange, the trust offers investors a vehicle for diversified access to commodity markets, including energy, agriculture, metals and minerals, as well as related equities. By packaging multiple exposure strategies within a single portfolio, BCX seeks to deliver returns that are uncorrelated with traditional equity and fixed-income benchmarks.
The trust pursues its objectives through a combination of direct and indirect instruments.
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