United States Commodity Index Fund (NYSEARCA:USCI – Get Free Report)’s share price was down 0% during trading on Thursday. The company traded as low as $103.30 and last traded at $103.48. 52,281 shares traded hands during trading, an increase of 167% from the average daily volume of 19,584 shares. The stock had previously closed at $103.50.
United States Commodity Index Fund Trading Up 0.3%
The company has a market cap of $404.78 million, a price-to-earnings ratio of 29.98 and a beta of 0.13. The company’s 50 day moving average price is $109.32 and its 200 day moving average price is $98.45.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in USCI. Kestra Advisory Services LLC increased its position in United States Commodity Index Fund by 81.4% during the 3rd quarter. Kestra Advisory Services LLC now owns 15,065 shares of the company’s stock worth $1,648,000 after purchasing an additional 6,761 shares during the period. Kestra Private Wealth Services LLC acquired a new stake in shares of United States Commodity Index Fund in the 3rd quarter valued at approximately $244,000. Integrity Alliance LLC. acquired a new stake in shares of United States Commodity Index Fund in the 3rd quarter valued at approximately $266,000. William Mack & Associates Inc. purchased a new stake in shares of United States Commodity Index Fund in the third quarter valued at approximately $60,000. Finally, Winter & Associates Inc. boosted its stake in shares of United States Commodity Index Fund by 8.6% in the third quarter. Winter & Associates Inc. now owns 22,123 shares of the company’s stock valued at $2,462,000 after buying an additional 1,746 shares in the last quarter.
About United States Commodity Index Fund
The United States Commodity Index Fund, LP (USCI) is an exchange-traded fund that is based on the SummerHaven Dynamic Commodity index. The fund tracks an equal-weighted index of 14 commodity futures contracts selected based on their level of backwardation and price momentum. USCI was launched on Aug 10, 2010 and is managed by US Commodity Funds.
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