iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY – Get Free Report) saw an uptick in trading volume on Monday. 266,742 shares changed hands during mid-day trading, an increase of 225% from the previous session’s volume of 82,107 shares. The stock last traded at $64.6350 and had previously closed at $64.16.
iShares Bloomberg Roll Select Commodity Strategy ETF Stock Down 0.8%
The business has a fifty day moving average of $63.28 and a 200 day moving average of $60.62.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in CMDY. Advisors Preferred LLC acquired a new position in iShares Bloomberg Roll Select Commodity Strategy ETF in the first quarter valued at approximately $163,000. Seaside Wealth Management Inc. lifted its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 12.5% in the fourth quarter. Seaside Wealth Management Inc. now owns 4,813 shares of the company’s stock valued at $235,000 after buying an additional 535 shares during the last quarter. Noble Wealth Partners LLC acquired a new position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the second quarter valued at $286,000. Valmark Advisers Inc. boosted its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 5.8% during the first quarter. Valmark Advisers Inc. now owns 6,605 shares of the company’s stock valued at $392,000 after acquiring an additional 360 shares during the period. Finally, Pullen Investment Management LLC boosted its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 2.7% during the first quarter. Pullen Investment Management LLC now owns 9,114 shares of the company’s stock valued at $542,000 after acquiring an additional 237 shares during the period.
About iShares Bloomberg Roll Select Commodity Strategy ETF
The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.
Further Reading
- Five stocks we like better than iShares Bloomberg Roll Select Commodity Strategy ETF
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
Receive News & Ratings for iShares Bloomberg Roll Select Commodity Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bloomberg Roll Select Commodity Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
