abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI – Get Free Report)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $26.37 and last traded at $26.1610, with a volume of 206890 shares traded. The stock had previously closed at $25.93.
abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Performance
The company’s 50 day simple moving average is $24.40 and its 200-day simple moving average is $24.04.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CoreCap Advisors LLC grew its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 29.8% in the 2nd quarter. CoreCap Advisors LLC now owns 2,798 shares of the company’s stock worth $63,000 after purchasing an additional 643 shares during the period. Sunbelt Securities Inc. boosted its stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 16.4% in the 1st quarter. Sunbelt Securities Inc. now owns 3,551 shares of the company’s stock worth $86,000 after buying an additional 501 shares during the last quarter. S. R. Schill & Associates purchased a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 1st quarter worth $6,255,000. Financial & Tax Architects LLC grew its holdings in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 6.2% in the first quarter. Financial & Tax Architects LLC now owns 942,286 shares of the company’s stock worth $22,888,000 after acquiring an additional 55,071 shares during the period. Finally, Janney Montgomery Scott LLC purchased a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the first quarter valued at $2,993,000.
About abrdn Bloomberg All Commodity Strategy K-1 Free ETF
The abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) is an exchange-traded fund that is based on the Bloomberg Commodity Total Return index. The fund seeks to outperform a broad-market commodity index through the active management of the fund`s collateral. The index includes 26 commodity futures with maturities of 1-3 months. BCI was launched on Mar 30, 2017 and is managed by Abrdn.
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