abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI – Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 1,072,696 shares were traded 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 Price Performance
The firm has a 50-day simple moving average of $20.00 and a 200 day simple moving average of $19.97.
Hedge Funds Weigh In On abrdn Bloomberg All Commodity Strategy K-1 Free ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Leavell Investment Management Inc. lifted its stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 14.4% in the third quarter. Leavell Investment Management Inc. now owns 134,584 shares of the company’s stock worth $2,751,000 after acquiring an additional 16,988 shares during the period. Hollencrest Capital Management raised its holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 11.6% during the 3rd quarter. Hollencrest Capital Management now owns 30,748 shares of the company’s stock worth $628,000 after purchasing an additional 3,189 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 43.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,675 shares of the company’s stock worth $55,000 after purchasing an additional 815 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. bought a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 3rd quarter valued at $44,000.
About abrdn Bloomberg All Commodity Strategy K-1 Free ETF
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.
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