abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Trading 0.5% Higher

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) shares traded up 0.5% during mid-day trading on Thursday . The company traded as high as $20.59 and last traded at $20.59. 134,277 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 426,996 shares. The stock had previously closed at $20.49.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Down 0.2 %

The stock’s fifty day moving average price is $19.83 and its 200-day moving average price is $19.98.

Hedge Funds Weigh In On abrdn Bloomberg All Commodity Strategy K-1 Free ETF

A number of large investors have recently made changes to their positions in BCI. Accordant Advisory Group Inc purchased a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 1st quarter valued at about $198,000. Bruce G. Allen Investments LLC purchased a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 4th quarter valued at about $707,000. Leavell Investment Management Inc. increased its holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 14.5% during the 4th quarter. Leavell Investment Management Inc. now owns 88,857 shares of the company’s stock valued at $1,720,000 after acquiring an additional 11,272 shares in the last quarter. Finally, Disciplina Capital Management LLC increased its holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 34.0% during the 4th quarter. Disciplina Capital Management LLC now owns 264,815 shares of the company’s stock valued at $5,127,000 after acquiring an additional 67,250 shares in the last quarter.

About abrdn Bloomberg All Commodity Strategy K-1 Free ETF

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.