iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Hits New 12-Month High – Here’s What Happened

Shares of iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $64.04 and last traded at $64.04, with a volume of 210 shares. The stock had previously closed at $62.78.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Down 1.6%

The company has a fifty day moving average of $60.05 and a 200-day moving average of $55.39.

Institutional Investors Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Institutional investors have recently bought and sold shares of the company. CWM LLC boosted its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 682.3% in the 3rd quarter. CWM LLC now owns 485 shares of the company’s stock worth $26,000 after buying an additional 423 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF in the 4th quarter worth about $26,000. Eagle Bay Advisors LLC acquired a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF in the 4th quarter worth about $49,000. Advisory Services Network LLC acquired a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF in the 3rd quarter worth about $157,000. Finally, Manning & Napier Advisors LLC acquired a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF in the 4th quarter worth about $162,000.

About iShares Bloomberg Roll Select Commodity Strategy ETF

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.