abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Shares Up 0.5%

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI)’s stock price shot up 0.5% during trading on Thursday . The stock traded as high as $20.59 and last traded at $20.59. 134,277 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 426,996 shares. The stock had previously closed at $20.49.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Up 0.5 %

The company’s 50 day simple moving average is $19.80 and its 200 day simple moving average is $19.98.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Disciplina Capital Management LLC boosted its holdings in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 34.0% in the fourth quarter. Disciplina Capital Management LLC now owns 264,815 shares of the company’s stock valued at $5,127,000 after buying an additional 67,250 shares during the period. Leavell Investment Management Inc. boosted its holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 5.3% during the first quarter. Leavell Investment Management Inc. now owns 93,556 shares of the company’s stock worth $1,850,000 after purchasing an additional 4,699 shares during the last quarter. Bruce G. Allen Investments LLC acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the fourth quarter worth $707,000. Finally, Accordant Advisory Group Inc acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the first quarter worth $198,000.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Company Profile

The abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) is an exchange-traded fund that is based on the Bloomberg Commodity Total Return index. The fund seeks to outperform a broad-market commodity index through the active management of the fund`s collateral. The index includes 26 commodity futures with maturities of 1-3 months.