iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV) Shares Down 1% – Here’s Why

Shares of iShares Commodity Curve Carry Strategy ETF (NYSEARCA:CCRV) traded down 1% on Wednesday . The company traded as low as $19.56 and last traded at $19.58. 13,093 shares changed hands during trading, a decline of 26% from the average session volume of 17,693 shares. The stock had previously closed at $19.77.

iShares Commodity Curve Carry Strategy ETF Stock Performance

The business’s 50-day moving average price is $19.62 and its two-hundred day moving average price is $19.94.

Hedge Funds Weigh In On iShares Commodity Curve Carry Strategy ETF

Hedge funds have recently added to or reduced their stakes in the business. Amplius Wealth Advisors LLC boosted its holdings in iShares Commodity Curve Carry Strategy ETF by 2.0% in the first quarter. Amplius Wealth Advisors LLC now owns 65,511 shares of the company’s stock worth $1,338,000 after purchasing an additional 1,301 shares during the period. Mariner LLC boosted its holdings in shares of iShares Commodity Curve Carry Strategy ETF by 113.8% during the fourth quarter. Mariner LLC now owns 84,623 shares of the company’s stock valued at $1,693,000 after acquiring an additional 45,034 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares Commodity Curve Carry Strategy ETF by 12.1% during the fourth quarter. Bank of America Corp DE now owns 138,410 shares of the company’s stock valued at $2,770,000 after acquiring an additional 14,965 shares during the period. Jane Street Group LLC acquired a new position in shares of iShares Commodity Curve Carry Strategy ETF during the first quarter valued at $646,000. Finally, Ancora Advisors LLC boosted its holdings in shares of iShares Commodity Curve Carry Strategy ETF by 95.5% during the first quarter. Ancora Advisors LLC now owns 20,473 shares of the company’s stock valued at $418,000 after acquiring an additional 10,000 shares during the period.

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.