iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Sees Large Volume Increase – Here’s What Happened

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) shares saw unusually-strong trading volume on Monday. 266,742 shares changed hands during mid-day trading, an increase of 225% from the previous session’s volume of 82,107 shares. The stock last traded at $64.6350 and had previously closed at $64.16.

iShares Bloomberg Roll Select Commodity Strategy ETF Price Performance

The stock has a 50 day moving average of $63.01 and a two-hundred day moving average of $60.52.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Silver Oak Securities Incorporated increased its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 0.9% in the first quarter. Silver Oak Securities Incorporated now owns 22,180 shares of the company’s stock worth $1,318,000 after acquiring an additional 206 shares in the last quarter. Pullen Investment Management LLC raised its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 2.7% during the first quarter. Pullen Investment Management LLC now owns 9,114 shares of the company’s stock valued at $542,000 after acquiring an additional 237 shares during the period. Valmark Advisers Inc. lifted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 5.8% in the 1st quarter. Valmark Advisers Inc. now owns 6,605 shares of the company’s stock valued at $392,000 after acquiring an additional 360 shares in the last quarter. Seaside Wealth Management Inc. lifted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 12.5% in the 4th quarter. Seaside Wealth Management Inc. now owns 4,813 shares of the company’s stock valued at $235,000 after acquiring an additional 535 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 2.9% in the 1st quarter. Cetera Investment Advisers now owns 20,127 shares of the company’s stock valued at $1,196,000 after acquiring an additional 564 shares in 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.