abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Sees Large Volume Increase – Here’s What Happened

Shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCIGet Free Report) saw an uptick in trading volume on Thursday . 1,534,615 shares changed hands during trading, a decline of 15% from the previous session’s volume of 1,811,848 shares.The stock last traded at $25.17 and had previously closed at $25.30.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Performance

The firm has a 50 day simple moving average of $23.56 and a two-hundred day simple moving average of $22.38.

Institutional Trading of abrdn Bloomberg All Commodity Strategy K-1 Free ETF

Several hedge funds have recently modified their holdings of BCI. BNP Paribas Financial Markets bought a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 2nd quarter valued at $98,000. Captrust Financial Advisors increased its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 39.4% in the 2nd quarter. Captrust Financial Advisors now owns 43,885 shares of the company’s stock valued at $911,000 after buying an additional 12,411 shares in the last quarter. Leavell Investment Management Inc. increased its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 15.7% in the 3rd quarter. Leavell Investment Management Inc. now owns 265,878 shares of the company’s stock valued at $5,727,000 after buying an additional 36,017 shares in the last quarter. Compass Financial Group Inc. bought a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the third quarter worth approximately $1,891,000. Finally, Financial & Tax Architects LLC bought a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the third quarter worth approximately $20,663,000.

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

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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. BCI was launched on Mar 30, 2017 and is managed by Abrdn.

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