iPath Pure Beta Broad Commodity ETN (NYSEARCA:BCM) Shares Up 1.1%

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iPath Pure Beta Broad Commodity ETN (NYSEARCA:BCM) shares shot up 1.1% during mid-day trading on Wednesday . The company traded as high as $27.88 and last traded at $27.88, 400 shares were traded during mid-day trading. A decline of 84% from the average session volume of 2,544 shares. The stock had previously closed at $27.59.

The business has a 50-day moving average of $27.90 and a 200-day moving average of $27.53.

An institutional investor recently raised its position in iPath Pure Beta Broad Commodity ETN stock. Evensky & Katz LLC grew its holdings in shares of iPath Pure Beta Broad Commodity ETN (NYSEARCA:BCM) by 1.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,100,121 shares of the company’s stock after buying an additional 14,151 shares during the quarter. iPath Pure Beta Broad Commodity ETN accounts for about 4.2% of Evensky & Katz LLC’s investment portfolio, making the stock its 4th biggest position. Evensky & Katz LLC owned 55.79% of iPath Pure Beta Broad Commodity ETN worth $30,574,000 at the end of the most recent quarter.

iPath Pure Beta Broad Commodity ETN Company Profile (NYSEARCA:BCM)

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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