Envestnet Asset Management Inc. Raises Position in iShares Bloomberg Roll Select Commodity Strategy ETF $CMDY

Core Insights - Envestnet Asset Management Inc. increased its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% in Q3, owning 405,624 shares valued at $21,336,000 [2] - Other institutional investors also adjusted their positions, with Ameriprise Financial Inc. increasing its stake by 12.1% and Bank of America Corp DE growing its holdings by 37.3% in Q2 [3] - The iShares Bloomberg Roll Select Commodity Strategy ETF has a one-year price range between $46.92 and $57.17, with current trading at $52.39 [4] Institutional Investment Activity - Envestnet Asset Management Inc. purchased an additional 55,861 shares in Q3, raising its ownership to approximately 7.44% [2] - Ameriprise Financial Inc. now owns 353,088 shares worth $17,809,000 after a 12.1% increase [3] - TD Waterhouse Canada Inc. boosted its stake by 8.1%, owning 289,540 shares valued at $15,313,000 [3] - Bank of America Corp DE increased its holdings by 37.3%, now owning 84,758 shares worth $4,275,000 [3] - FDx Advisors Inc. raised its position by 1.6%, owning 74,228 shares valued at $4,002,000 [3] ETF Overview - The iShares Bloomberg Roll Select Commodity Strategy ETF tracks a roll-cost optimized broad market commodity index and was launched on April 3, 2018 [5] - The ETF is managed by Blackrock and is based on the Bloomberg Roll Select Commodity index [5]