iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Reaches New 52-Week High – Here’s Why

Shares of iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) reached a new 52-week high on Monday . The stock traded as high as $35.87 and last traded at $35.33, with a volume of 210 shares trading hands. The stock had previously closed at $35.15.

iPath Bloomberg Commodity Index Total Return ETN Trading Up 1.4%

The business’s 50-day moving average price is $33.89 and its 200-day moving average price is $33.67.

Institutional Trading of iPath Bloomberg Commodity Index Total Return ETN

A number of large investors have recently bought and sold shares of the business. Ameriprise Financial Inc. increased its stake in iPath Bloomberg Commodity Index Total Return ETN by 0.6% in the fourth quarter. Ameriprise Financial Inc. now owns 193,619 shares of the company’s stock valued at $6,213,000 after purchasing an additional 1,192 shares during the period. Flow Traders U.S. LLC grew its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 98.5% during the first quarter. Flow Traders U.S. LLC now owns 15,062 shares of the company’s stock worth $532,000 after buying an additional 7,474 shares during the last quarter. SVB Wealth LLC acquired a new position in iPath Bloomberg Commodity Index Total Return ETN in the 1st quarter valued at about $116,000. Finally, Nvwm LLC increased its position in iPath Bloomberg Commodity Index Total Return ETN by 9.7% in the 1st quarter. Nvwm LLC now owns 58,787 shares of the company’s stock valued at $2,076,000 after acquiring an additional 5,205 shares during the period.

iPath Bloomberg Commodity Index Total Return ETN Company Profile

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.