iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Sees Large Volume Increase – Still a Buy?

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDYGet Free Report) saw unusually-high trading volume on Monday . Approximately 75,400 shares traded hands during mid-day trading, a decline of 2% from the previous session’s volume of 76,725 shares.The stock last traded at $63.21 and had previously closed at $62.69.

iShares Bloomberg Roll Select Commodity Strategy ETF Price Performance

The firm has a 50-day moving average price of $58.73 and a 200-day moving average price of $58.65.

Institutional Trading of iShares Bloomberg Roll Select Commodity Strategy ETF

A number of hedge funds have recently modified their holdings of CMDY. Kestra Advisory Services LLC purchased a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF in the 4th quarter worth about $26,000. Advisory Services Network LLC purchased a new position in iShares Bloomberg Roll Select Commodity Strategy ETF during the 3rd quarter valued at about $157,000. Manning & Napier Advisors LLC bought a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF during the fourth quarter worth about $162,000. Advisors Preferred LLC bought a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF during the first quarter worth about $163,000. Finally, Seaside Wealth Management Inc. grew its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 12.5% in the fourth quarter. Seaside Wealth Management Inc. now owns 4,813 shares of the company’s stock worth $235,000 after purchasing an additional 535 shares during the period.

iShares Bloomberg Roll Select Commodity Strategy ETF Company Profile

(Get Free Report)

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.

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