abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Sets New 1-Year High – What’s Next?

Shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $26.37 and last traded at $26.1610, with a volume of 206890 shares trading hands. The stock had previously closed at $25.93.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Up 0.9%

The firm has a 50 day simple moving average of $24.24 and a two-hundred day simple moving average of $23.97.

Hedge Funds Weigh In On abrdn Bloomberg All Commodity Strategy K-1 Free ETF

A number of large investors have recently bought and sold shares of BCI. S. R. Schill & Associates acquired a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the first quarter valued at $6,255,000. SG Americas Securities LLC acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the first quarter worth about $615,000. Janney Montgomery Scott LLC purchased a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 1st quarter valued at approximately $2,993,000. Winthrop Capital Management LLC purchased a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the fourth quarter valued at $442,000. Finally, Financial & Tax Architects LLC boosted its stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 6.2% during the 1st quarter. Financial & Tax Architects LLC now owns 942,286 shares of the company’s stock worth $22,888,000 after purchasing an additional 55,071 shares during the last quarter.

About abrdn Bloomberg All Commodity Strategy K-1 Free ETF

(Get Free Report)

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. BCI was launched on Mar 30, 2017 and is managed by Abrdn.

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