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

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI)’s stock price traded up 0.5% on Thursday . The stock traded as high as $20.59 and last traded at $20.59. 134,277 shares traded 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 Down 0.2 %

The firm’s fifty day moving average is $19.83 and its two-hundred day moving average is $19.98.

Institutional Investors Weigh In On abrdn Bloomberg All Commodity Strategy K-1 Free ETF

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

About abrdn Bloomberg All Commodity Strategy K-1 Free ETF

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.