iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Sets New 12-Month High – Should You Buy?

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $63.88 and last traded at $63.85, with a volume of 57214 shares traded. The stock had previously closed at $63.56.

iShares Bloomberg Roll Select Commodity Strategy ETF Price Performance

The company has a 50-day moving average price of $58.87 and a two-hundred day moving average price of $58.73.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Heck Capital Advisors LLC bought a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF during the second quarter valued at $22,486,000. TD Waterhouse Canada Inc. increased its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 27.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,433,635 shares of the company’s stock worth $78,851,000 after acquiring an additional 306,155 shares during the last quarter. Osaic Holdings Inc. boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 121.4% during the 4th quarter. Osaic Holdings Inc. now owns 160,976 shares of the company’s stock valued at $7,848,000 after acquiring an additional 88,265 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 12.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 353,088 shares of the company’s stock valued at $17,809,000 after acquiring an additional 38,157 shares during the last quarter. Finally, Disciplina Capital Management LLC grew its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 21.6% during the fourth quarter. Disciplina Capital Management LLC now owns 194,906 shares of the company’s stock worth $9,502,000 after purchasing an additional 34,556 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.