VanEck Commodity Strategy ETF Price & Performance (PIT)

Van ECK Associates Corp reduced its stake in the VanEck CMCI Commodity Strategy ETF by 11.1% during Q4 2024. The firm now holds 80,000 shares, valued at $1.95 million. This adjustment comes as the ETF's price remains within its 52-week range of $23.51 to $28.33.1

Bitcoin experienced a volatile February, dropping 28% from its January peak of $109,000 to $78,200 before rebounding slightly. Regulatory shifts and macroeconomic factors, including proposed tariffs and consumer confidence lows, contributed to the decline, echoing historical patterns of corrections in bullish cycles.2

Kingsview Wealth Management reduced its position in the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 34.1% in Q4 2024. The firm sold 5,784 shares, retaining 11,195 shares worth $145,000. PDBC’s price fluctuates within a 12-month range of $12.60 to $14.55.3