Bruce G. Allen Investments LLC Purchases 721 Shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI)

Bruce G. Allen Investments LLC lifted its holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) by 2.4% during the fourth quarter, HoldingsChannel reports. The firm owned 30,213 shares of the company’s stock after purchasing an additional 721 shares during the period. abrdn Bloomberg All Commodity Strategy K-1 Free ETF comprises 0.5% of Bruce G. Allen Investments LLC’s investment portfolio, making the stock its 26th biggest position. Bruce G. Allen Investments LLC’s holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF were worth $597,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of BCI. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the third quarter valued at $44,000. JPMorgan Chase & Co. raised its stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 43.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,675 shares of the company’s stock valued at $55,000 after buying an additional 815 shares in the last quarter. Hollencrest Capital Management lifted its holdings in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 11.6% during the 3rd quarter. Hollencrest Capital Management now owns 30,748 shares of the company’s stock worth $628,000 after acquiring an additional 3,189 shares during the period. Finally, Leavell Investment Management Inc. boosted its position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 14.4% during the 3rd quarter. Leavell Investment Management Inc. now owns 134,584 shares of the company’s stock valued at $2,751,000 after acquiring an additional 16,988 shares in the last quarter.

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

NYSEARCA:BCI traded up $0.54 during mid-day trading on Friday, hitting $20.46. The company’s stock had a trading volume of 451,966 shares, compared to its average volume of 586,760. The stock has a fifty day moving average of $19.98 and a 200-day moving average of $19.95. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a fifty-two week low of $18.80 and a fifty-two week high of $21.53.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Company Profile

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.