United States Copper Index Fund (NYSEARCA:CPER) Stock Price Down 0.4%

Shares of United States Copper Index Fund (NYSEARCA:CPER) fell 0.4% during mid-day trading on Tuesday . The company traded as low as $23.58 and last traded at $23.62. 230,677 shares were traded during trading, an increase of 111% from the average session volume of 109,253 shares. The stock had previously closed at $23.71.

United States Copper Index Fund Stock Performance

The business has a fifty day simple moving average of $23.54 and a 200 day simple moving average of $23.82.

Hedge Funds Weigh In On United States Copper Index Fund

Large investors have recently bought and sold shares of the stock. Signaturefd LLC bought a new position in shares of United States Copper Index Fund during the 2nd quarter worth approximately $147,000. LPL Financial LLC increased its position in shares of United States Copper Index Fund by 88.4% during the first quarter. LPL Financial LLC now owns 190,413 shares of the company’s stock valued at $4,749,000 after acquiring an additional 89,370 shares during the last quarter. Tucker Asset Management LLC purchased a new stake in shares of United States Copper Index Fund during the first quarter valued at approximately $27,000. Summit Wealth & Retirement Planning Inc. bought a new stake in United States Copper Index Fund during the first quarter worth $215,000. Finally, Ameritas Advisory Services LLC purchased a new position in United States Copper Index Fund in the first quarter worth $35,000.

About United States Copper Index Fund

The United States Copper Index Fund, LP (CPER) is an exchange-traded fund that is based on the SummerHaven Copper index. The fund tracks a rules-based index of copper futures contracts selected based on the shape of the copper futures curve. CPER was launched on Nov 15, 2011 and is managed by US Commodity Funds.