CCRV Stock Summary and Trading Ideas (iShares U.S. ETF Trust iShares Commodity Curve Carry Strategy ETF | ARCA:CCRV)

The Fund seeks to track the investment results of the ICE BofA Commodity Enhanced Carry Total Return Index (the Underlying Index ), which measures the performance of the 10 futures contracts having the highest degree of backwardation or lowest degree of contango (as explained below) among a universe of 18 futures contracts on physical agricultural, energy, precious metals, and industrial metals commodities listed on U.S. and non-U.S. futures exchanges futures contracts, as determined by ICE Data Services. Fund seeks to achieve its investment objective primarily by investing in total return swaps that provide exposure to commodity futures contracts referenced in the Underlying Index.

iShares U.S. ETF Trust iShares Commodity Curve Carry Strategy ETF trades on the ARCA stock market under the symbol CCRV.

As of December 13, 2024, CCRV stock price climbed to $21.03 with 5,981 million shares trading.

CCRV has a market cap of $44.16 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, CCRV traded as high as $31.82 and as low as $18.47.

CCRV has underperformed the market in the last year with a return of +6.5%, while the SPY ETF gained +29.9%. In the last 3 month period, CCRV fell short of the market, returning +4.7%, while SPY returned +7.8%. However, in the most recent 2 weeks CCRV has outperformed the stock market by returning +1.3%, while SPY returned +0.3%.

CCRV support price is $20.89 and resistance is $21.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CCRV shares will trade within this expected range on the day.