abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Sets New 1-Year High – Here’s What Happened

Shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) hit a new 52-week high on Monday . The company traded as high as $24.77 and last traded at $24.73, with a volume of 62498 shares changing hands. The stock had previously closed at $24.67.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Down 0.1%

The company has a fifty day moving average of $22.48 and a two-hundred day moving average of $22.04.

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

Institutional investors and hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 4th quarter valued at $27,000. Horizon Investments LLC bought a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the fourth quarter valued at about $35,000. Silver Grove Financial Group Inc. bought a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the fourth quarter valued at about $53,000. Sunbelt Securities Inc. grew its position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 23.0% in the third quarter. Sunbelt Securities Inc. now owns 3,066 shares of the company’s stock valued at $66,000 after purchasing an additional 573 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the second quarter valued at about $98,000.

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

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.