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IPath Pure Beta Broad Commodity ETN (NYSEARCA:BCM) Share Price Crosses Above Fifty Day Moving Average of $43.78

Defense World ·  Nov 2, 2022 15:21

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 $43.78 and traded as high as $44.23. iPath Pure Beta Broad Commodity ETN shares last traded at $44.16, with a volume of 491 shares traded.

iPath Pure Beta Broad Commodity ETN Price Performance

The stock has a 50-day moving average of $43.78 and a 200 day moving average of $46.34.

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Institutional Investors Weigh In On iPath Pure Beta Broad Commodity ETN

Hedge funds and other institutional investors have recently made changes to their positions in the business. Eudaimonia Advisors LLC grew its position in iPath Pure Beta Broad Commodity ETN by 40.2% during the first quarter. Eudaimonia Advisors LLC now owns 22,088 shares of the company's stock valued at $1,057,000 after acquiring an additional 6,333 shares during the period. Eudaimonia Partners LLC bought a new stake in shares of iPath Pure Beta Broad Commodity ETN during the first quarter valued at about $3,378,000. Finally, CoreCap Advisors LLC purchased a new stake in shares of iPath Pure Beta Broad Commodity ETN during the first quarter valued at $2,014,000.

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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