iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV) Trading 0.4% Higher – Time to Buy?

iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV)’s stock price were up 0.4% during trading on Wednesday . The company traded as high as $19.87 and last traded at $19.83. Approximately 24,901 shares were traded during trading, an increase of 7% from the average daily volume of 23,215 shares. The stock had previously closed at $19.75.

iShares Commodity Curve Carry Strategy ETF Stock Up 0.4 %

The company has a 50 day moving average of $20.70 and a two-hundred day moving average of $20.91.

Institutional Trading of iShares Commodity Curve Carry Strategy ETF

A number of institutional investors and hedge funds have recently made changes to their positions in CCRV. Commonwealth Equity Services LLC purchased a new position in iShares Commodity Curve Carry Strategy ETF in the 2nd quarter valued at about $543,000. Bank of Montreal Can boosted its stake in shares of iShares Commodity Curve Carry Strategy ETF by 146.1% in the second quarter. Bank of Montreal Can now owns 38,000 shares of the company’s stock worth $827,000 after acquiring an additional 22,556 shares during the last quarter. Finally, BKM Wealth Management LLC increased its position in shares of 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 purchasing an additional 8,511 shares in the last quarter.

About iShares Commodity Curve Carry Strategy ETF

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.