iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Sets New 1-Year High – Here’s What Happened

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP)’s stock price reached a new 52-week high on Monday . The stock traded as high as $49.16 and last traded at $48.88, with a volume of 15421 shares changing hands. The stock had previously closed at $48.90.

iPath Bloomberg Commodity Index Total Return ETN Stock Up 0.1%

The business’s fifty day moving average is $44.14 and its 200 day moving average is $39.63.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DJP. Farther Finance Advisors LLC lifted its position in shares of iPath Bloomberg Commodity Index Total Return ETN by 149.1% during the 4th quarter. Farther Finance Advisors LLC now owns 862 shares of the company’s stock valued at $32,000 after acquiring an additional 516 shares during the last quarter. Richardson Capital Management LLC acquired a new position in shares of iPath Bloomberg Commodity Index Total Return ETN in the 3rd quarter worth $31,000. Nano Cap New Millennium Growth Fund L P acquired a new stake in shares of iPath Bloomberg Commodity Index Total Return ETN during the fourth quarter worth $150,000. Parallel Advisors LLC raised its position in shares of iPath Bloomberg Commodity Index Total Return ETN by 2,551.5% during the fourth quarter. Parallel Advisors LLC now owns 9,015 shares of the company’s stock worth $339,000 after purchasing an additional 8,675 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 21.3% during the third quarter. JPMorgan Chase & Co. now owns 16,974 shares of the company’s stock valued at $602,000 after purchasing an additional 2,984 shares during the last quarter.

About iPath Bloomberg Commodity Index Total Return ETN

The iPath Bloomberg Commodity Index Total Return ETN (DJP) is an exchange-traded note that is based on the Bloomberg Commodity index. The fund tracks a broad basket of commodity contracts with varying roll schedules. Contract maturity can range from one to five months. DJP was launched on Jun 6, 2006 and is issued by iPath.