United States Commodity Index Fund (NYSEARCA:USCI) Stock Crosses Below Fifty Day Moving Average of $55.95

Shares of United States Commodity Index Fund (NYSEARCA:USCIGet Rating) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $55.95 and traded as low as $52.30. United States Commodity Index Fund shares last traded at $52.80, with a volume of 207,774 shares trading hands.

United States Commodity Index Fund Price Performance

The stock has a 50-day moving average of $55.95 and a two-hundred day moving average of $54.90.

Hedge Funds Weigh In On United States Commodity Index Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. OLD Mission Capital LLC boosted its position in shares of United States Commodity Index Fund by 146.1% in the 2nd quarter. OLD Mission Capital LLC now owns 43,345 shares of the company’s stock valued at $2,376,000 after purchasing an additional 25,735 shares during the period. Pekin Hardy Strauss Inc. lifted its stake in United States Commodity Index Fund by 5.0% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 49,137 shares of the company’s stock worth $2,693,000 after acquiring an additional 2,325 shares in the last quarter. Zimmermann Investment Management & Planning LLC lifted its stake in United States Commodity Index Fund by 14.3% in the 2nd quarter. Zimmermann Investment Management & Planning LLC now owns 11,086 shares of the company’s stock worth $608,000 after acquiring an additional 1,389 shares in the last quarter. Chase Investment Counsel Corp purchased a new stake in United States Commodity Index Fund in the 2nd quarter worth about $4,517,000. Finally, Commonwealth Equity Services LLC lifted its stake in United States Commodity Index Fund by 22.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 4,621 shares of the company’s stock worth $253,000 after acquiring an additional 834 shares in the last quarter.

See Also

Receive News & Ratings for United States Commodity Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Commodity Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.