Horizons Wealth Management Reduces Stock Position in iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY)

Horizons Wealth Management trimmed its stake in iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) by 4.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,817 shares of the company’s stock after selling 3,148 shares during the period. iShares Bloomberg Roll Select Commodity Strategy ETF accounts for about 2.6% of Horizons Wealth Management’s investment portfolio, making the stock its 13th biggest holding. Horizons Wealth Management owned about 1.11% of iShares Bloomberg Roll Select Commodity Strategy ETF worth $3,632,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 72.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,009 shares of the company’s stock worth $55,000 after purchasing an additional 425 shares during the last quarter. Legacy Capital Group California Inc. bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 1st quarter valued at $203,000. UBS Group AG bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 3rd quarter valued at $236,000. Equitable Holdings Inc. bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 1st quarter valued at $238,000. Finally, Wealth Alliance bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 4th quarter valued at $243,000.

iShares Bloomberg Roll Select Commodity Strategy ETF Trading Up 0.4 %

Shares of NYSEARCA CMDY opened at $52.80 on Thursday. The firm’s fifty day moving average is $51.68 and its two-hundred day moving average is $50.94. iShares Bloomberg Roll Select Commodity Strategy ETF has a 52-week low of $48.00 and a 52-week high of $59.59.

iShares Bloomberg Roll Select Commodity Strategy ETF Profile

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.