abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Sees Large Volume Increase – Time to Buy?

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) saw unusually-high trading volume on Tuesday . Approximately 1,279,586 shares were traded during trading, an increase of 150% from the previous session’s volume of 510,959 shares.The stock last traded at $21.03 and had previously closed at $21.25.

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

The company’s 50 day simple moving average is $20.47 and its two-hundred day simple moving average is $20.17.

Institutional Inflows and Outflows

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