iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV) Stock Price Up 1.4% – Should You Buy?

iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV) rose 1.4% on Monday . The stock traded as high as $20.87 and last traded at $20.85. Approximately 7,448 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 23,986 shares. The stock had previously closed at $20.56.

iShares Commodity Curve Carry Strategy ETF Stock Up 1.4 %

The firm has a fifty day moving average price of $20.87 and a two-hundred day moving average price of $21.07.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. BKM Wealth Management LLC grew its stake in iShares Commodity Curve Carry Strategy ETF by 4.6% in 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. Bank of Montreal Can grew its stake in 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 purchasing an additional 22,556 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in iShares Commodity Curve Carry Strategy ETF in the second quarter worth approximately $543,000. Finally, Family Investment Center Inc. boosted its position in iShares Commodity Curve Carry Strategy ETF by 20.7% during the 2nd quarter. Family Investment Center Inc. now owns 498,086 shares of the company’s stock valued at $10,803,000 after acquiring an additional 85,432 shares in the last quarter.

iShares Commodity Curve Carry Strategy ETF Company Profile

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.