iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV) Trading 0.9% Higher – Still a Buy?

Shares of iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV) shot up 0.9% on Wednesday . The company traded as high as $20.59 and last traded at $20.57. 9,899 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 37,267 shares. The stock had previously closed at $20.39.

iShares Commodity Curve Carry Strategy ETF Stock Performance

The firm has a 50 day moving average price of $20.46 and a 200-day moving average price of $20.77.

Institutional Trading of iShares Commodity Curve Carry Strategy ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Commonwealth Equity Services LLC acquired a new stake in shares of iShares Commodity Curve Carry Strategy ETF during the 2nd quarter worth about $543,000. Bank of Montreal Can lifted its stake in shares of iShares Commodity Curve Carry Strategy ETF by 146.1% during the second quarter. Bank of Montreal Can now owns 38,000 shares of the company’s stock valued at $827,000 after buying an additional 22,556 shares during the period. BKM Wealth Management LLC boosted its position in iShares Commodity Curve Carry Strategy ETF by 4.6% during the third quarter. BKM Wealth Management LLC now owns 194,290 shares of the company’s stock worth $4,037,000 after acquiring an additional 8,511 shares during the last quarter. Finally, Amplius Wealth Advisors LLC purchased a new stake in iShares Commodity Curve Carry Strategy ETF in the 4th quarter worth approximately $1,285,000.

iShares Commodity Curve Carry Strategy ETF Company Profile

The iShares Commodity Curve Carry Strategy ETF (CCRV) is an exchange-traded fund that is based on the ICE BofA Commodity Enhanced Carry index. The fund tracks an index composed of future contracts on commodities selected from a broad commodity universe based on positive roll yield. CCRV was launched on Sep 1, 2020 and is managed by BlackRock.