iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Hits New 12-Month High – Here’s What Happened

Shares of iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) reached a new 52-week high on Monday . The stock traded as high as $39.23 and last traded at $39.25, with a volume of 1889 shares trading hands. The stock had previously closed at $38.63.

iPath Bloomberg Commodity Index Total Return ETN Stock Up 1.5%

The stock’s 50 day moving average is $37.56 and its two-hundred day moving average is $35.78.

Hedge Funds Weigh In On iPath Bloomberg Commodity Index Total Return ETN

Several institutional investors have recently bought and sold shares of DJP. BNP Paribas Financial Markets bought a new position in iPath Bloomberg Commodity Index Total Return ETN in the third quarter worth approximately $11,673,000. Ameriprise Financial Inc. increased its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 6.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 209,728 shares of the company’s stock valued at $7,433,000 after acquiring an additional 13,426 shares during the period. CoreCap Advisors LLC increased its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 3.3% in the 3rd quarter. CoreCap Advisors LLC now owns 178,012 shares of the company’s stock valued at $6,309,000 after acquiring an additional 5,670 shares during the period. Acima Private Wealth LLC raised its position in shares of iPath Bloomberg Commodity Index Total Return ETN by 4.4% in the 3rd quarter. Acima Private Wealth LLC now owns 170,676 shares of the company’s stock worth $6,049,000 after acquiring an additional 7,174 shares in the last quarter. Finally, Bruce G. Allen Investments LLC raised its position in shares of iPath Bloomberg Commodity Index Total Return ETN by 5.0% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 102,417 shares of the company’s stock worth $3,630,000 after acquiring an additional 4,909 shares in 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.