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

Shares of VanEck CMCI Commodity Strategy ETF (BATS:CMCI) traded 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 session volume of 381 shares. The stock had previously closed at $29.60.

VanEck CMCI Commodity Strategy ETF Stock Down 0.3%

The stock has a fifty day moving average of $28.67 and a 200-day moving average of $27.46.

Hedge Funds Weigh In On VanEck CMCI Commodity Strategy ETF

A hedge fund recently bought a new stake in VanEck CMCI Commodity Strategy ETF stock. Jane Street Group LLC acquired a new stake in shares of VanEck CMCI Commodity Strategy ETF (BATS:CMCI) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 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.

VanEck CMCI Commodity Strategy ETF Company Profile

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.