VanEck CMCI Commodity Strategy ETF (BATS:CMCI) Stock Price Up 0.1% – Should You Buy?

VanEck CMCI Commodity Strategy ETF (BATS:CMCI)’s stock price was up 0.1% on Thursday . The stock traded as high as $29.62 and last traded at $29.62. Approximately 52 shares changed hands during trading, a decline of 86% from the average daily volume of 381 shares. The stock had previously closed at $29.60.

VanEck CMCI Commodity Strategy ETF Stock Up 0.1%

The stock has a fifty day simple moving average of $28.67 and a 200-day simple moving average of $27.44.

Institutional Investors Weigh In On VanEck CMCI Commodity Strategy ETF

An institutional investor recently raised its stake in VanEck CMCI Commodity Strategy ETF stock. Jane Street Group LLC boosted its stake in shares of VanEck CMCI Commodity Strategy ETF (BATS:CMCI) by 125.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,797 shares of the company’s stock after purchasing an additional 12,128 shares during the quarter. Jane Street Group LLC owned 21.80% of VanEck CMCI Commodity Strategy ETF worth $522,000 at the end of the most recent quarter.

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.