abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Sees Unusually-High Trading Volume – Here’s What Happened

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) shares saw unusually-strong trading volume on Thursday . Approximately 1,072,696 shares changed hands during mid-day trading, an increase of 198% from the previous session’s volume of 360,233 shares.The stock last traded at $19.93 and had previously closed at $19.75.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Up 0.8 %

The business’s fifty day simple moving average is $20.03 and its 200 day simple moving average is $19.98.

Hedge Funds Weigh In On abrdn Bloomberg All Commodity Strategy K-1 Free ETF

Institutional investors have recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the third quarter worth about $44,000. JPMorgan Chase & Co. raised its holdings in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 43.8% during the third quarter. JPMorgan Chase & Co. now owns 2,675 shares of the company’s stock valued at $55,000 after acquiring an additional 815 shares during the period. Hollencrest Capital Management boosted its position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 11.6% in the third quarter. Hollencrest Capital Management now owns 30,748 shares of the company’s stock worth $628,000 after buying an additional 3,189 shares during the period. Finally, Leavell Investment Management Inc. increased its holdings in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 14.4% in the 3rd quarter. Leavell Investment Management Inc. now owns 134,584 shares of the company’s stock valued at $2,751,000 after purchasing an additional 16,988 shares during the period.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Company Profile

The abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) is an exchange-traded fund that is based on the Bloomberg Commodity Total Return index. The fund seeks to outperform a broad-market commodity index through the active management of the fund`s collateral. The index includes 26 commodity futures with maturities of 1-3 months.