iPath Pure Beta Broad Commodity ETN (NYSEARCA:BCM) Trading Up 0.1%

iPath Pure Beta Broad Commodity ETN (NYSEARCA:BCM) shares were up 0.1% during mid-day trading on Wednesday . The stock traded as high as $27.94 and last traded at $27.93, approximately 278 shares traded hands during mid-day trading. A decline of 89% from the average daily volume of 2,575 shares. The stock had previously closed at $27.91.

The firm’s fifty day moving average is $27.74 and its 200-day moving average is $27.54.

An institutional investor recently raised its position in iPath Pure Beta Broad Commodity ETN stock. Evensky & Katz LLC raised its stake in shares of iPath Pure Beta Broad Commodity ETN (NYSEARCA:BCM) by 1.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,100,121 shares of the company’s stock after acquiring an additional 14,151 shares during the quarter. iPath Pure Beta Broad Commodity ETN makes up 4.2% of Evensky & Katz LLC’s portfolio, making the stock its 4th largest holding. Evensky & Katz LLC owned about 55.79% of iPath Pure Beta Broad Commodity ETN worth $30,574,000 as of its most recent filing with the SEC.

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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