iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV) Shares Down 2.7% – Here’s Why

iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV)’s stock price were down 2.7% on Tuesday . The stock traded as low as $18.23 and last traded at $18.23. Approximately 7,575 shares were traded during trading, a decline of 64% from the average daily volume of 21,141 shares. The stock had previously closed at $18.73.

iShares Commodity Curve Carry Strategy ETF Stock Performance

The business has a 50 day moving average price of $20.10 and a 200-day moving average price of $20.48.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Amplius Wealth Advisors LLC acquired a new stake in iShares Commodity Curve Carry Strategy ETF in the 4th quarter valued at about $1,285,000. Mariner LLC lifted its position in shares of iShares Commodity Curve Carry Strategy ETF by 113.8% in the fourth quarter. Mariner LLC now owns 84,623 shares of the company’s stock valued at $1,693,000 after buying an additional 45,034 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of iShares Commodity Curve Carry Strategy ETF by 12.1% during the 4th quarter. Bank of America Corp DE now owns 138,410 shares of the company’s stock worth $2,770,000 after acquiring an additional 14,965 shares during the period. BKM Wealth Management LLC increased its holdings in shares of iShares Commodity Curve Carry Strategy ETF by 3.9% during the 4th quarter. BKM Wealth Management LLC now owns 201,957 shares of the company’s stock worth $4,041,000 after acquiring an additional 7,667 shares during the last quarter. Finally, New England Capital Financial Advisors LLC bought a new stake in iShares Commodity Curve Carry Strategy ETF in the 4th quarter valued at $132,000.

About iShares Commodity Curve Carry Strategy ETF

The iShares Commodity Curve Carry Strategy ETF (CCRV) is an exchange-traded fund that is based on the ICE BofA Commodity Enhanced Carry index. The fund tracks an index composed of future contracts on commodities selected from a broad commodity universe based on positive roll yield. CCRV was launched on Sep 1, 2020 and is managed by BlackRock.