abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Sets New 1-Year High – Here’s What Happened

Shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $26.82 and last traded at $26.8140, with a volume of 633659 shares trading hands. The stock had previously closed at $26.44.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Trading Up 1.3%

The business has a 50-day simple moving average of $24.65 and a 200 day simple moving average of $24.15.

Hedge Funds Weigh In On abrdn Bloomberg All Commodity Strategy K-1 Free ETF

Several large investors have recently modified their holdings of the stock. S. R. Schill & Associates purchased a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the first quarter worth about $6,255,000. Janney Montgomery Scott LLC bought a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 1st quarter valued at approximately $2,993,000. Disciplina Capital Management LLC lifted its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 24.9% in the 4th quarter. Disciplina Capital Management LLC now owns 488,815 shares of the company’s stock valued at $9,547,000 after acquiring an additional 97,496 shares in the last quarter. Financial & Tax Architects LLC boosted its stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 6.2% during the 1st quarter. Financial & Tax Architects LLC now owns 942,286 shares of the company’s stock valued at $22,888,000 after purchasing an additional 55,071 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 1st quarter valued at $615,000.

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.