abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCIGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $20.14 and traded as high as $20.30. abrdn Bloomberg All Commodity Strategy K-1 Free ETF shares last traded at $20.23, with a volume of 262,595 shares.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Up 0.1 %

The stock has a 50 day moving average price of $20.27 and a 200 day moving average price of $20.14.

Institutional Trading of abrdn Bloomberg All Commodity Strategy K-1 Free ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BCI. Leavell Investment Management Inc. raised its holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 25.7% in the 2nd quarter. Leavell Investment Management Inc. now owns 117,596 shares of the company’s stock valued at $2,391,000 after buying an additional 24,040 shares during the last quarter. Lynx Investment Advisory acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 2nd quarter valued at approximately $159,000. Hollencrest Capital Management raised its stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 11.6% during the third quarter. Hollencrest Capital Management now owns 30,748 shares of the company’s stock valued at $628,000 after acquiring an additional 3,189 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. acquired a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the third quarter worth $44,000.

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

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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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