Tortoise Investment Management LLC acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 17,000 shares of the company’s stock, valued at approximately $516,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kingdom Financial Group LLC. acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter valued at $30,000. Triumph Capital Management bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the third quarter valued at approximately $33,000. Tucker Asset Management LLC bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter worth about $31,000. EFG International AG acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter valued at $45,000. Finally, Advisory Services Network LLC bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the third quarter valued at about $63,000. 1.80% of the stock is currently owned by hedge funds and other institutional investors.
iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance
Shares of COMT stock opened at $38.08 on Friday. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52-week low of $24.24 and a 52-week high of $38.08. The firm has a fifty day moving average of $33.54 and a 200-day moving average of $33.14. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of -18.40 and a beta of 0.09.
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.
See Also
- Five stocks we like better than iShares GSCI Commodity Dynamic Roll Strategy ETF
- AeroVironment’s Record Backlog and Earnings Beat Fuel Recovery Case
- Corning Just Locked In a Massive Verizon Fiber Deal as AI Infrastructure Expands
- 3 Under-$20 Stocks Tied to the Future of U.S. Energy and Materials
- Uncle Sam’s Quantum Leap: Feds Fund a $300M Quantum Supercycle
Receive News & Ratings for iShares GSCI Commodity Dynamic Roll Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares GSCI Commodity Dynamic Roll Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
