Envestnet Asset Management Inc. Raises Position in iShares Bloomberg Roll Select Commodity Strategy ETF $CMDY

Envestnet Asset Management Inc. increased its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) by 16.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 405,624 shares of the company’s stock after purchasing an additional 55,861 shares during the period. Envestnet Asset Management Inc. owned approximately 7.44% of iShares Bloomberg Roll Select Commodity Strategy ETF worth $21,336,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 12.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 353,088 shares of the company’s stock worth $17,809,000 after purchasing an additional 38,157 shares during the period. TD Waterhouse Canada Inc. boosted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 8.1% in the third quarter. TD Waterhouse Canada Inc. now owns 289,540 shares of the company’s stock valued at $15,313,000 after buying an additional 21,797 shares in the last quarter. CW Advisors LLC acquired a new position in iShares Bloomberg Roll Select Commodity Strategy ETF during the second quarter worth $5,468,000. Bank of America Corp DE grew its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 37.3% during the second quarter. Bank of America Corp DE now owns 84,758 shares of the company’s stock worth $4,275,000 after acquiring an additional 23,006 shares during the period. Finally, FDx Advisors Inc. raised its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 1.6% in the third quarter. FDx Advisors Inc. now owns 74,228 shares of the company’s stock worth $4,002,000 after acquiring an additional 1,189 shares in the last quarter.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Performance

Shares of NYSEARCA CMDY opened at $52.39 on Friday. iShares Bloomberg Roll Select Commodity Strategy ETF has a one year low of $46.92 and a one year high of $57.17. The company’s fifty day moving average is $51.49 and its two-hundred day moving average is $52.20.

About iShares Bloomberg Roll Select Commodity Strategy ETF

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.