United States Commodity Index Fund (NYSEARCA:USCI) Trading at $103.48

Shares of United States Commodity Index Fund (NYSEARCA:USCI) traded down 0% during trading on Thursday. The stock traded as low as $103.30 and last traded at $103.48. Approximately 52,281 shares traded hands during trading, an increase of 167% from the average session volume of 19,584 shares. The stock had previously closed at $103.50.

United States Commodity Index Fund Price Performance

The stock has a market capitalization of $403.57 million, a P/E ratio of 29.98 and a beta of 0.12. The stock’s fifty day moving average is $109.34 and its two-hundred day moving average is $98.33.

Institutional Trading of United States Commodity Index Fund

Several institutional investors and hedge funds have recently bought and sold shares of USCI. Root Financial Partners LLC acquired a new position in shares of United States Commodity Index Fund in the third quarter worth about $26,000. Western Wealth Management LLC purchased a new position in shares of United States Commodity Index Fund in the first quarter worth approximately $44,000. William Mack & Associates Inc. purchased a new position in shares of United States Commodity Index Fund in the third quarter worth approximately $60,000. Fifth Third Bancorp purchased a new position in shares of United States Commodity Index Fund in the first quarter worth approximately $57,000. Finally, Grove Bank & Trust acquired a new stake in shares of United States Commodity Index Fund during the second quarter valued at approximately $93,000.

United States Commodity Index Fund Company Profile

The United States Commodity Index Fund, LP (USCI) is an exchange-traded fund that is based on the SummerHaven Dynamic Commodity index. The fund tracks an equal-weighted index of 14 commodity futures contracts selected based on their level of backwardation and price momentum. USCI was launched on Aug 10, 2010 and is managed by US Commodity Funds.