USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday. The company traded as high as $32.15 and last traded at $31.8170, with a volume of 716,000 shares. The stock had previously closed at $32.05.
USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund Stock Performance
The company has a 50 day moving average price of $31.10 and a 200 day moving average price of $29.06.
Institutional Trading of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund
A number of institutional investors have recently added to or reduced their stakes in the business. Fifth Third Wealth Advisors LLC bought a new stake in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund during the 3rd quarter valued at approximately $1,730,000. Prism Advisors Inc. acquired a new position in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund in the third quarter valued at about $9,823,000. NewEdge Advisors LLC boosted its stake in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 200.0% in the second quarter. NewEdge Advisors LLC now owns 15,000 shares of the company’s stock worth $397,000 after purchasing an additional 10,000 shares in the last quarter. Ares Financial Consulting LLC grew its holdings in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 538.8% during the 2nd quarter. Ares Financial Consulting LLC now owns 4,152 shares of the company’s stock worth $110,000 after acquiring an additional 3,502 shares during the last quarter. Finally, Allied Private Wealth LLC acquired a new position in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund during the second quarter valued at $778,000.
USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund Company Profile
The USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) is an exchange-traded fund that is based on the SummerHaven Dynamic Commodity index. The fund is a broad-market commodity fund that holds an equally weighted portfolio of 14 commodity futures contracts. Contracts are chosen for optimal backwardation and price momentum. SDCI was launched on May 3, 2018 and is managed by USCF Advisers.
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