iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Sets New 52-Week High – Here’s What Happened

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $63.22 and last traded at $63.22, with a volume of 1989 shares changing hands. The stock had previously closed at $61.26.

iShares Bloomberg Roll Select Commodity Strategy ETF Trading Up 0.7%

The stock’s fifty day simple moving average is $59.09 and its two-hundred day simple moving average is $54.94.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CMDY. Osaic Holdings Inc. grew its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 121.4% in the 4th quarter. Osaic Holdings Inc. now owns 160,976 shares of the company’s stock valued at $7,848,000 after buying an additional 88,265 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 405,624 shares of the company’s stock worth $21,336,000 after acquiring an additional 55,861 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 12.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 353,088 shares of the company’s stock worth $17,809,000 after buying an additional 38,157 shares in the last quarter. Disciplina Capital Management LLC grew its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 21.6% in the fourth quarter. Disciplina Capital Management LLC now owns 194,906 shares of the company’s stock worth $9,502,000 after purchasing an additional 34,556 shares during the period. Finally, Bank of America Corp DE raised its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 39.7% during the 3rd quarter. Bank of America Corp DE now owns 118,388 shares of the company’s stock worth $6,227,000 after buying an additional 33,630 shares during the period.

iShares Bloomberg Roll Select Commodity Strategy ETF Company Profile

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.