SteelPeak Wealth LLC Increases Holdings in iShares Bloomberg Roll Select Commodity Strategy ETF $CMDY

SteelPeak Wealth LLC raised its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) by 85.7% in the first quarter, HoldingsChannel reports. The firm owned 26,007 shares of the company’s stock after buying an additional 12,002 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares Bloomberg Roll Select Commodity Strategy ETF were worth $1,545,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of CMDY. Kestra Advisory Services LLC purchased a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF in the fourth quarter worth $26,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF in the fourth quarter worth $49,000. Advisors Preferred LLC purchased a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF during the 1st quarter valued at about $163,000. Advisory Services Network LLC bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the third quarter valued at approximately $157,000. Finally, Manning & Napier Advisors LLC bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF in the 4th quarter worth $162,000.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Performance

CMDY stock opened at $58.65 on Friday. iShares Bloomberg Roll Select Commodity Strategy ETF has a 1 year low of $47.63 and a 1 year high of $63.76. The stock’s fifty day moving average price is $58.76 and its 200-day moving average price is $56.75.

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.