iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Stock Price Pass Below 200 Day Moving Average – Here’s What Happened

Shares of iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $49.15 and traded as low as $49.10. iShares Bloomberg Roll Select Commodity Strategy ETF shares last traded at $49.26, with a volume of 10,908 shares changing hands.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Performance

The company has a 50 day simple moving average of $49.49 and a 200 day simple moving average of $49.14.

Institutional Investors Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Several large investors have recently modified their holdings of CMDY. US Bancorp DE increased its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% in the 3rd quarter. US Bancorp DE now owns 5,585 shares of the company’s stock valued at $278,000 after buying an additional 771 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 14.6% during the second quarter. Commonwealth Equity Services LLC now owns 6,996 shares of the company’s stock worth $346,000 after acquiring an additional 893 shares during the period. Hsbc Holdings PLC acquired a new position in iShares Bloomberg Roll Select Commodity Strategy ETF during the second quarter worth $588,000. Hollencrest Capital Management increased its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 10.0% during the 3rd quarter. Hollencrest Capital Management now owns 12,809 shares of the company’s stock valued at $639,000 after acquiring an additional 1,168 shares during the last quarter. Finally, Silver Oak Securities Incorporated boosted its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 443,575.0% in the third quarter. Silver Oak Securities Incorporated now owns 17,747 shares of the company’s stock valued at $886,000 after purchasing an additional 17,743 shares during the last quarter.

iShares Bloomberg Roll Select Commodity Strategy ETF Company Profile

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.