

Bank of America Corp DE lifted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) by 6.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 161,818 shares of the company's stock after purchasing an additional 10,354

The iShares Bloomberg Roll Select Commodity Strategy ETF offers broad commodity futures exposure via a passive index with annual rebalancing. CMDY's inflexible annual rebalancing limits its ability to capture rapid market shifts, especially during exogenous shocks like the Iran war. CMDY has lagged peers HGER and SDCI in total return over the past year, despite similar volatility profiles.

Envestnet Asset Management Inc. increased its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) by 16.0% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 405,624 shares of the company's stock after purchasing an additional 55,861 shares

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY - Get Free Report) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 128,458 shares, an increase of 101.0% from the December 15th total of 63,898 shares. Based on an average trading volume of 79,921

The iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) uses one Futures contract to cover the commodities market. It is designed to minimize contract rolling costs. The Bloomberg Roll Select Commodity Index is a dynamic version of the Bloomberg Commodity Index designed to mitigate the effects of contango market structure. CMDY uses Futures on this index.

The main commodity index in the U.S. is the Dow Jones Commodity Index. This index has outperformed the rest of the U.S. stock market over the past year, returning 33.3% compared to 17.1% for the S&P 500.

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•Stocks fall and oil retreats. •Natural gas corrected from a new high for the year.