iPath Pure Beta Broad Commodity ETN (NYSEARCA:BCM) Stock Passes Below 50-Day Moving Average of $44.44

iPath Pure Beta Broad Commodity ETN (NYSEARCA:BCMGet Rating)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $44.44 and traded as low as $43.55. iPath Pure Beta Broad Commodity ETN shares last traded at $43.64, with a volume of 215 shares trading hands.

iPath Pure Beta Broad Commodity ETN Price Performance

The company’s 50 day simple moving average is $44.46 and its two-hundred day simple moving average is $47.36.

Institutional Trading of iPath Pure Beta Broad Commodity ETN

Several large investors have recently added to or reduced their stakes in the business. Bartlett & Co. LLC bought a new stake in shares of iPath Pure Beta Broad Commodity ETN during the 4th quarter worth $597,000. Eudaimonia Advisors LLC bought a new stake in shares of iPath Pure Beta Broad Commodity ETN during the 4th quarter worth $616,000. CoreCap Advisors LLC bought a new stake in shares of iPath Pure Beta Broad Commodity ETN during the 1st quarter worth $2,014,000. Finally, Eudaimonia Partners LLC bought a new stake in shares of iPath Pure Beta Broad Commodity ETN during the 1st quarter worth $3,378,000.

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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