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IPath Pure Beta Broad Commodity ETN (NYSEARCA:BCM) Stock Price Passes Above 50-Day Moving Average of $44.34

Defense World ·  Dec 14, 2022 16:41

Shares of iPath Pure Beta Broad Commodity ETN (NYSEARCA:BCM – Get Rating) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $44.34 and traded as high as $44.81. iPath Pure Beta Broad Commodity ETN shares last traded at $44.79, with a volume of 591 shares.

iPath Pure Beta Broad Commodity ETN Trading Up 1.8 %

The firm has a fifty day simple moving average of $44.34 and a 200-day simple moving average of $45.32.

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Hedge Funds Weigh In On iPath Pure Beta Broad Commodity ETN

A hedge fund recently raised its stake in iPath Pure Beta Broad Commodity ETN stock. Eudaimonia Advisors LLC boosted its position in iPath Pure Beta Broad Commodity ETN (NYSEARCA:BCM – Get Rating) by 40.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,088 shares of the company's stock after purchasing an additional 6,333 shares during the period. Eudaimonia Advisors LLC owned about 1.88% of iPath Pure Beta Broad Commodity ETN worth $1,057,000 as of its most recent filing with the Securities & Exchange Commission.

About iPath Pure Beta Broad Commodity ETN

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Bear Creek Mining Corporation is engaged in the acquisition, exploration and development of precious and base metal properties located in Peru. The Company's development projects include Corani Silver-Lead-Zinc Project and Santa Ana Silver Project. Its exploration projects include Maria Jose Prospect, La Yegua Copper-Gold-Molybdenum Prospect and Sumi Gold Prospect.

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