abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Reaches New 12-Month High – Here’s Why

Shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCIGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as $25.98 and last traded at $25.99, with a volume of 513402 shares traded. The stock had previously closed at $25.71.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Performance

The company has a 50 day moving average price of $23.87 and a 200-day moving average price of $23.79.

Institutional Trading of abrdn Bloomberg All Commodity Strategy K-1 Free ETF

Several large investors have recently added to or reduced their stakes in the stock. iA Global Asset Management Inc. purchased a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 4th quarter valued at $19,581,000. S. R. Schill & Associates bought a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 1st quarter valued at about $6,255,000. Janney Montgomery Scott LLC bought a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 1st quarter valued at about $2,993,000. Disciplina Capital Management LLC increased its position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 24.9% during the fourth quarter. Disciplina Capital Management LLC now owns 488,815 shares of the company’s stock valued at $9,547,000 after buying an additional 97,496 shares during the period. Finally, Financial & Tax Architects LLC increased its position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 6.2% during the first quarter. Financial & Tax Architects LLC now owns 942,286 shares of the company’s stock valued at $22,888,000 after buying an additional 55,071 shares during the period.

About abrdn Bloomberg All Commodity Strategy K-1 Free ETF

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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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