abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Sees Unusually-High Trading Volume – Should You Buy?

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) saw an uptick in trading volume on Wednesday . 596,449 shares traded hands during trading, an increase of 60% from the previous session’s volume of 372,724 shares.The stock last traded at $21.49 and had previously closed at $21.45.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Up 0.4 %

The firm has a 50 day simple moving average of $21.03 and a 200 day simple moving average of $20.47.

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

Several institutional investors and hedge funds have recently bought and sold shares of BCI. First Horizon Advisors Inc. purchased a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 4th quarter valued at about $31,000. Sunbelt Securities Inc. lifted its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 938.8% during the fourth quarter. Sunbelt Securities Inc. now owns 2,493 shares of the company’s stock valued at $49,000 after purchasing an additional 2,253 shares during the last quarter. JPMorgan Chase & Co. lifted its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 43.8% during the third quarter. JPMorgan Chase & Co. now owns 2,675 shares of the company’s stock valued at $55,000 after purchasing an additional 815 shares during the last quarter. IHT Wealth Management LLC grew its stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 10.2% in the 4th quarter. IHT Wealth Management LLC now owns 19,012 shares of the company’s stock worth $375,000 after buying an additional 1,753 shares in the last quarter. Finally, Captrust Financial Advisors increased its holdings in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 5.3% in the 4th quarter. Captrust Financial Advisors now owns 28,501 shares of the company’s stock worth $563,000 after buying an additional 1,429 shares during the last quarter.

About abrdn Bloomberg All Commodity Strategy K-1 Free ETF

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.