VanEck CMCI Commodity Strategy ETF (BATS:CMCI) Trading 0.3% Higher – Here’s Why

Shares of VanEck CMCI Commodity Strategy ETF (BATS:CMCI) traded up 0.3% on Thursday . The stock traded as high as $28.43 and last traded at $28.43. 313 shares were traded during mid-day trading, a decline of 2% from the average session volume of 318 shares. The stock had previously closed at $28.35.

VanEck CMCI Commodity Strategy ETF Price Performance

The company has a 50-day simple moving average of $26.85 and a two-hundred day simple moving average of $26.02.

Institutional Trading of VanEck CMCI Commodity Strategy ETF

A hedge fund recently bought a new stake in VanEck CMCI Commodity Strategy ETF stock. Jane Street Group LLC bought a new stake in shares of VanEck CMCI Commodity Strategy ETF (BATS:CMCI) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,209 shares of the company’s stock, valued at approximately $235,000. Jane Street Group LLC owned approximately 9.21% of VanEck CMCI Commodity Strategy ETF as of its most recent SEC filing.

About VanEck CMCI Commodity Strategy ETF

The VanEck CMCI Commodity Strategy ETF (CMCI) is an exchange-traded fund that is based on the UBS Constant Maturity Commodity index. The fund tracks a broad index that represents the five commodity sectors: agriculture, energy, livestock, precious metals, and industrial metals. The index aims to provide beta exposure across 29 commodity components and maturities. CMCI was launched on Aug 21, 2023 and is issued by VanEck.