Derace L. Schaffer Purchases 17,982 Shares of iShares Diversified Alternatives Trust (ALT) Stock

iShares Diversified Alternatives Trust (NYSEARCA:ALT) Director Derace L. Schaffer purchased 17,982 shares of the stock in a transaction that occurred on Friday, December 22nd. The stock was bought at an average cost of $1.61 per share, for a total transaction of $28,951.02. Following the acquisition, the director now directly owns 362,895 shares in the company, valued at approximately $584,260.95. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

iShares Diversified Alternatives Trust has a 1 year low of $49.37 and a 1 year high of $54.24.

Separately, Piper Jaffray Companies assumed coverage on shares of iShares Diversified Alternatives Trust in a report on Monday, October 9th. They issued an “overweight” rating and a $6.00 price target on the stock.

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About iShares Diversified Alternatives Trust

iShares Diversified Alternatives Trust (the Trust) is a commodity pool. The investment objective of the Trust is to maximize absolute returns from its investments in certain futures and/or forward contracts. The Trust holds long and/or short positions in foreign currency forward contracts and exchange-traded futures contracts involving assets, such as commodities, currencies, interest rates or certain eligible stock and/or bond indices.

Insider Buying and Selling by Quarter for iShares Diversified Alternatives Trust (NYSEARCA:ALT)

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