iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV) Stock Price Cross Below 200 Day Moving Average – Should You Sell?

iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $21.05 and traded as low as $20.72. iShares Commodity Curve Carry Strategy ETF shares last traded at $20.77, with a volume of 7,177 shares traded.

iShares Commodity Curve Carry Strategy ETF Trading Down 0.3 %

The stock’s 50-day moving average price is $20.96 and its 200 day moving average price is $21.05.

Institutional Trading of iShares Commodity Curve Carry Strategy ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Family Investment Center Inc. boosted its stake in shares of iShares Commodity Curve Carry Strategy ETF by 20.7% in the 2nd quarter. Family Investment Center Inc. now owns 498,086 shares of the company’s stock valued at $10,803,000 after purchasing an additional 85,432 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in iShares Commodity Curve Carry Strategy ETF in the second quarter worth about $543,000. Bank of Montreal Can raised its stake in shares of iShares Commodity Curve Carry Strategy ETF by 146.1% during the second quarter. Bank of Montreal Can now owns 38,000 shares of the company’s stock worth $827,000 after buying an additional 22,556 shares during the last quarter. Finally, BKM Wealth Management LLC lifted its stake in shares of iShares Commodity Curve Carry Strategy ETF by 4.6% in the 3rd quarter. BKM Wealth Management LLC now owns 194,290 shares of the company’s stock valued at $4,037,000 after purchasing an additional 8,511 shares during the period.

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.