Avantax Advisory Services Inc. Raises Stock Holdings in iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY)

Avantax Advisory Services Inc. lifted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) by 9.3% during the fourth quarter, Holdings Channel reports. The fund owned 34,544 shares of the company’s stock after purchasing an additional 2,929 shares during the quarter. Avantax Advisory Services Inc.’s holdings in iShares Bloomberg Roll Select Commodity Strategy ETF were worth $1,643,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CMDY. JPMorgan Chase & Co. grew its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 551,072.7% during the third quarter. JPMorgan Chase & Co. now owns 60,629 shares of the company’s stock worth $3,023,000 after buying an additional 60,618 shares in the last quarter. Horizons Wealth Management grew its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 22.9% in the 4th quarter. Horizons Wealth Management now owns 65,005 shares of the company’s stock worth $3,093,000 after acquiring an additional 12,130 shares during the period. Seaside Wealth Management Inc. grew its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 4.3% in the 4th quarter. Seaside Wealth Management Inc. now owns 5,346 shares of the company’s stock worth $254,000 after acquiring an additional 221 shares during the period. Sugar Maple Asset Management LLC acquired a new position in iShares Bloomberg Roll Select Commodity Strategy ETF in the 4th quarter valued at $71,000. Finally, Brighton Jones LLC purchased a new position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 4th quarter worth $340,000.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Up 0.6 %

Shares of NYSEARCA:CMDY opened at $51.38 on Tuesday. The business has a fifty day simple moving average of $50.32 and a 200-day simple moving average of $49.32. iShares Bloomberg Roll Select Commodity Strategy ETF has a 52 week low of $45.67 and a 52 week high of $52.09.

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.