Royal Bank of Canada Raises Holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Royal Bank of Canada grew its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 341.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 164,280 shares of the company’s stock after purchasing an additional 127,026 shares during the period. Royal Bank of Canada owned about 0.51% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $5,555,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Jane Street Group LLC lifted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% during the first quarter. Jane Street Group LLC now owns 137,798 shares of the company’s stock valued at $3,648,000 after purchasing an additional 4,304 shares in the last quarter. Creative Planning bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 2nd quarter worth about $323,000. Baird Financial Group Inc. raised its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 6.9% in the 2nd quarter. Baird Financial Group Inc. now owns 53,265 shares of the company’s stock worth $1,377,000 after buying an additional 3,424 shares during the last quarter. Cerity Partners LLC raised its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 30.8% in the 2nd quarter. Cerity Partners LLC now owns 51,156 shares of the company’s stock worth $1,322,000 after buying an additional 12,053 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter valued at about $216,000. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Up 0.4%

Shares of NASDAQ COMT opened at $33.76 on Thursday. The firm’s 50-day moving average price is $32.09 and its 200-day moving average price is $31.94. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52-week low of $24.24 and a 52-week high of $36.65. The company has a market cap of $1.23 billion, a PE ratio of -16.31 and a beta of 0.08.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company Profile

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.