abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Sees Large Volume Increase

Shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) saw strong trading volume on Friday . 558,585 shares changed hands during mid-day trading, an increase of 69% from the previous session’s volume of 330,012 shares.The stock last traded at $19.90 and had previously closed at $19.92.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Trading Up 0.3 %

The stock’s 50-day simple moving average is $19.52 and its 200-day simple moving average is $20.07.

Institutional Investors Weigh In On abrdn Bloomberg All Commodity Strategy K-1 Free ETF

A hedge fund recently bought a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF stock. Lynx Investment Advisory acquired a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,814 shares of the company’s stock, valued at approximately $159,000.

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

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.