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

Shares of iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) hit a new 52-week high on Wednesday . The stock traded as high as $53.62 and last traded at $53.5110, with a volume of 291 shares traded. The stock had previously closed at $52.84.

iPath Bloomberg Commodity Index Total Return ETN Stock Down 0.3%

The business has a 50 day simple moving average of $49.00 and a 200 day simple moving average of $47.84.

Institutional Trading of iPath Bloomberg Commodity Index Total Return ETN

Institutional investors have recently bought and sold shares of the stock. Continuum Advisory LLC purchased a new stake in iPath Bloomberg Commodity Index Total Return ETN during the 2nd quarter worth approximately $27,000. Highland Investment Advisors LLC purchased a new position in shares of iPath Bloomberg Commodity Index Total Return ETN in the second quarter worth $41,000. 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 lifted its stake in shares of iPath Bloomberg Commodity Index Total Return ETN by 16.1% during the first quarter. Parallel Advisors LLC now owns 10,466 shares of the company’s stock worth $504,000 after buying an additional 1,451 shares during the period. Finally, Stillwater Private Wealth LLC purchased a new stake in shares of iPath Bloomberg Commodity Index Total Return ETN during the first quarter valued at $1,135,000.

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.