iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Sets New 1-Year High – Here’s What Happened

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $64.04 and last traded at $64.04, with a volume of 210 shares. The stock had previously closed at $62.78.

iShares Bloomberg Roll Select Commodity Strategy ETF Price Performance

The stock has a 50-day moving average of $59.84 and a two-hundred day moving average of $55.27.

Institutional Investors Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Several hedge funds have recently bought and sold shares of the business. Osaic Holdings Inc. grew its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 121.4% during the 4th quarter. Osaic Holdings Inc. now owns 160,976 shares of the company’s stock valued at $7,848,000 after acquiring an additional 88,265 shares in the last quarter. Envestnet Asset Management Inc. grew its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% during the third quarter. Envestnet Asset Management Inc. now owns 405,624 shares of the company’s stock valued at $21,336,000 after purchasing an additional 55,861 shares in the last quarter. Ameriprise Financial Inc. increased its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 12.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 353,088 shares of the company’s stock valued at $17,809,000 after buying an additional 38,157 shares during the period. Disciplina Capital Management LLC lifted its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 21.6% in the 4th quarter. Disciplina Capital Management LLC now owns 194,906 shares of the company’s stock worth $9,502,000 after buying an additional 34,556 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 39.7% during the 3rd quarter. Bank of America Corp DE now owns 118,388 shares of the company’s stock valued at $6,227,000 after acquiring an additional 33,630 shares in the last quarter.

iShares Bloomberg Roll Select Commodity Strategy ETF Company Profile

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.