iPath Bloomberg Cocoa Subindex Total Return ETN (NYSEARCA:NIB) Stock Crosses Above 200-Day Moving Average of $28.75

iPath Bloomberg Cocoa Subindex Total Return ETN (NYSEARCA:NIB)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $28.75 and traded as high as $34.42. iPath Bloomberg Cocoa Subindex Total Return ETN shares last traded at $34.42, with a volume of 150 shares changing hands.

The firm has a fifty day moving average price of $31.42 and a 200-day moving average price of $28.78.

A hedge fund recently bought a new stake in iPath Bloomberg Cocoa Subindex Total Return ETN stock. Solstein Capital LLC purchased a new position in shares of iPath Bloomberg Cocoa Subindex Total Return ETN (NYSEARCA:NIB) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,800 shares of the exchange traded fund’s stock, valued at approximately $111,000. Solstein Capital LLC owned 0.63% of iPath Bloomberg Cocoa Subindex Total Return ETN at the end of the most recent quarter.

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