Triumph Capital Management Buys 2,592 Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Triumph Capital Management lifted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 13.9% in the fourth quarter, HoldingsChannel reports. The fund owned 21,278 shares of the company’s stock after acquiring an additional 2,592 shares during the period. Triumph Capital Management’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $533,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in COMT. Raymond James & Associates grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 159.3% during the 3rd quarter. Raymond James & Associates now owns 250,793 shares of the company’s stock valued at $7,311,000 after acquiring an additional 154,072 shares during the period. Marion Wealth Management bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter valued at approximately $3,689,000. International Assets Investment Management LLC grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1,955.9% during the 4th quarter. International Assets Investment Management LLC now owns 154,254 shares of the company’s stock valued at $3,867,000 after acquiring an additional 146,751 shares during the period. VCI Wealth Management LLC bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter valued at approximately $3,374,000. Finally, Varma Mutual Pension Insurance Co bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 3rd quarter worth approximately $3,760,000. 1.80% of the stock is currently owned by institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

COMT stock opened at $26.82 on Thursday. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1-year low of $24.14 and a 1-year high of $29.82. The company has a market capitalization of $667.82 million, a price-to-earnings ratio of -12.96 and a beta of 0.53. The business has a 50 day simple moving average of $26.87 and a two-hundred day simple moving average of $26.62.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.