iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV) Trading Up 0.4% – Here’s What Happened

iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV)’s stock price rose 0.4% during trading on Wednesday . The company traded as high as $19.87 and last traded at $19.83. Approximately 24,901 shares changed hands during trading, an increase of 7% from the average daily volume of 23,215 shares. The stock had previously closed at $19.75.

iShares Commodity Curve Carry Strategy ETF Stock Up 0.2 %

The company’s 50 day simple moving average is $20.68 and its two-hundred day simple moving average is $20.90.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC acquired a new position in iShares Commodity Curve Carry Strategy ETF during the 2nd quarter valued at approximately $543,000. Bank of Montreal Can grew its holdings in shares of iShares Commodity Curve Carry Strategy ETF by 146.1% during the second quarter. Bank of Montreal Can now owns 38,000 shares of the company’s stock valued at $827,000 after buying an additional 22,556 shares during the last quarter. Finally, BKM Wealth Management LLC increased its position in shares of iShares Commodity Curve Carry Strategy ETF by 4.6% in the 3rd quarter. BKM Wealth Management LLC now owns 194,290 shares of the company’s stock valued at $4,037,000 after acquiring an additional 8,511 shares during the period.

About iShares Commodity Curve Carry Strategy ETF

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.