Assetmark Inc. Raises Holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Assetmark Inc. boosted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 1,022.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 2,558,624 shares of the company’s stock after buying an additional 2,330,619 shares during the quarter. Assetmark Inc. owned approximately 0.08% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $86,507,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kingdom Financial Group LLC. acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter valued at $30,000. Triumph Capital Management acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 3rd quarter worth about $33,000. Tucker Asset Management LLC acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth about $31,000. EFG International AG purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter valued at about $45,000. Finally, Advisory Services Network LLC purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 3rd quarter valued at about $63,000. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

NASDAQ COMT opened at $32.41 on Friday. The firm’s 50-day moving average is $32.95 and its two-hundred day moving average is $30.97. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12 month low of $24.24 and a 12 month high of $36.65. The stock has a market capitalization of $1.16 billion, a P/E ratio of -15.66 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.