Lake Street Private Wealth LLC Has $701,000 Stock Position in iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY)

Lake Street Private Wealth LLC cut its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) by 3.6% in the fourth quarter, Holdings Channel reports. The firm owned 14,725 shares of the company’s stock after selling 556 shares during the quarter. Lake Street Private Wealth LLC’s holdings in iShares Bloomberg Roll Select Commodity Strategy ETF were worth $701,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CMDY. Seaside Wealth Management Inc. grew its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 4.3% during the 4th quarter. Seaside Wealth Management Inc. now owns 5,346 shares of the company’s stock worth $254,000 after buying an additional 221 shares during the period. US Bancorp DE boosted its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% during the 3rd quarter. US Bancorp DE now owns 5,585 shares of the company’s stock worth $278,000 after acquiring an additional 771 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 14.6% during the second quarter. Commonwealth Equity Services LLC now owns 6,996 shares of the company’s stock valued at $346,000 after purchasing an additional 893 shares during the period. Hsbc Holdings PLC bought a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF in the second quarter valued at approximately $588,000. Finally, Hollencrest Capital Management raised its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 10.0% in the third quarter. Hollencrest Capital Management now owns 12,809 shares of the company’s stock worth $639,000 after purchasing an additional 1,168 shares during the period.

iShares Bloomberg Roll Select Commodity Strategy ETF Price Performance

Shares of NYSEARCA CMDY opened at $49.82 on Friday. iShares Bloomberg Roll Select Commodity Strategy ETF has a twelve month low of $45.26 and a twelve month high of $52.09. The company’s fifty day moving average is $48.51 and its 200-day moving average is $48.66.

About iShares Bloomberg Roll Select Commodity Strategy ETF

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.