Shares of United States Commodity Index Fund (NYSEARCA:USCI – Get Free Report) rose 0.3% on Monday . The stock traded as high as $60.09 and last traded at $60.07. Approximately 6,449 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 13,114 shares. The stock had previously closed at $59.91.
United States Commodity Index Fund Price Performance
The company has a 50 day moving average price of $61.69 and a two-hundred day moving average price of $60.97. The stock has a market cap of $174.20 million, a PE ratio of 25.25 and a beta of 0.15.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in United States Commodity Index Fund stock. Bank of Montreal Can purchased a new stake in shares of United States Commodity Index Fund (NYSEARCA:USCI – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 53,124 shares of the company’s stock, valued at approximately $3,244,000. Bank of Montreal Can owned 1.83% of United States Commodity Index Fund as of its most recent filing with the Securities & Exchange Commission.
United States Commodity Index Fund Company Profile
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.
Further Reading
- Five stocks we like better than United States Commodity Index Fund
- The How And Why of Investing in Oil Stocks
- Moderna Dips on Q2 Earnings But Can It Rip on a Short Squeeze?
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- 2 Option Strategies to Maximize Profits in a Bear Market
- What Are Dividend Achievers? An Introduction
- Lululemon Stock Gears Up for a Massive Comeback Rally
Receive News & Ratings for United States Commodity Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Commodity Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.