iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $48.30 and last traded at $48.1950, with a volume of 2751 shares traded. The stock had previously closed at $48.10.
iPath Bloomberg Commodity Index Total Return ETN Stock Down 1.1%
The company’s 50 day simple moving average is $43.83 and its 200 day simple moving average is $39.41.
Institutional Investors Weigh In On iPath Bloomberg Commodity Index Total Return ETN
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Richardson Capital Management LLC acquired a new position in iPath Bloomberg Commodity Index Total Return ETN in the third quarter valued at $31,000. Farther Finance Advisors LLC boosted its stake in iPath Bloomberg Commodity Index Total Return ETN by 149.1% in the 4th quarter. Farther Finance Advisors LLC now owns 862 shares of the company’s stock worth $32,000 after buying an additional 516 shares during the last quarter. Nano Cap New Millennium Growth Fund L P purchased a new stake in iPath Bloomberg Commodity Index Total Return ETN in the 4th quarter valued at about $150,000. Parallel Advisors LLC grew its holdings in iPath Bloomberg Commodity Index Total Return ETN by 2,551.5% in the 4th quarter. Parallel Advisors LLC now owns 9,015 shares of the company’s stock valued at $339,000 after buying an additional 8,675 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of iPath Bloomberg Commodity Index Total Return ETN by 21.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,974 shares of the company’s stock valued at $602,000 after acquiring an additional 2,984 shares during the last quarter.
About iPath Bloomberg Commodity Index Total Return ETN
The iPath Bloomberg Commodity Index Total Return ETN (DJP) is an exchange-traded note that is based on the Bloomberg Commodity index. The fund tracks a broad basket of commodity contracts with varying roll schedules. Contract maturity can range from one to five months. DJP was launched on Jun 6, 2006 and is issued by iPath.
Further Reading
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