iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Shares Cross Below 200 Day Moving Average – Here’s What Happened

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $49.15 and traded as low as $49.10. iShares Bloomberg Roll Select Commodity Strategy ETF shares last traded at $49.26, with a volume of 10,908 shares.

iShares Bloomberg Roll Select Commodity Strategy ETF Trading Up 0.1 %

The business has a fifty day moving average of $49.45 and a 200-day moving average of $49.15.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. US Bancorp DE lifted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% during the 3rd quarter. US Bancorp DE now owns 5,585 shares of the company’s stock valued at $278,000 after acquiring an additional 771 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 14.6% during the second quarter. Commonwealth Equity Services LLC now owns 6,996 shares of the company’s stock worth $346,000 after purchasing an additional 893 shares during the period. Hsbc Holdings PLC purchased a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the second quarter valued at $588,000. Hollencrest Capital Management boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 10.0% in the 3rd quarter. Hollencrest Capital Management now owns 12,809 shares of the company’s stock valued at $639,000 after purchasing an additional 1,168 shares during the period. Finally, Silver Oak Securities Incorporated boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 443,575.0% in the 3rd quarter. Silver Oak Securities Incorporated now owns 17,747 shares of the company’s stock valued at $886,000 after purchasing an additional 17,743 shares during the period.

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.