iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV) Shares Up 1.4% – Here’s Why

iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV)’s stock price were up 1.4% during mid-day trading on Monday . The stock traded as high as $20.87 and last traded at $20.85. Approximately 7,448 shares traded hands during trading, a decline of 69% from the average daily volume of 23,986 shares. The stock had previously closed at $20.56.

iShares Commodity Curve Carry Strategy ETF Stock Performance

The company has a 50 day simple moving average of $20.92 and a 200 day simple moving average of $21.07.

Hedge Funds Weigh In On iShares Commodity Curve Carry Strategy ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. BKM Wealth Management LLC increased its stake in shares of iShares Commodity Curve Carry Strategy ETF by 4.6% during the 3rd quarter. BKM Wealth Management LLC now owns 194,290 shares of the company’s stock worth $4,037,000 after purchasing an additional 8,511 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of iShares Commodity Curve Carry Strategy ETF by 146.1% in the 2nd quarter. Bank of Montreal Can now owns 38,000 shares of the company’s stock valued at $827,000 after purchasing an additional 22,556 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in iShares Commodity Curve Carry Strategy ETF during the 2nd quarter worth approximately $543,000. Finally, Family Investment Center Inc. boosted its stake in iShares Commodity Curve Carry Strategy ETF by 20.7% during the 2nd quarter. Family Investment Center Inc. now owns 498,086 shares of the company’s stock worth $10,803,000 after acquiring an additional 85,432 shares during the last quarter.

iShares Commodity Curve Carry Strategy ETF Company Profile

The iShares Commodity Curve Carry Strategy ETF (CCRV) is an exchange-traded fund that is based on the ICE BofA Commodity Enhanced Carry index. The fund tracks an index composed of future contracts on commodities selected from a broad commodity universe based on positive roll yield. CCRV was launched on Sep 1, 2020 and is managed by BlackRock.