LPL Financial LLC Sells 62,114 Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

LPL Financial LLC cut its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 45.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 74,335 shares of the company’s stock after selling 62,114 shares during the period. LPL Financial LLC owned 0.29% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $1,968,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tradewinds Capital Management LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 1st quarter valued at about $27,877,000. Vontobel Holding Ltd. bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the first quarter valued at $8,558,000. Focus Partners Wealth increased its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 20.3% in the fourth quarter. Focus Partners Wealth now owns 270,972 shares of the company’s stock valued at $6,858,000 after acquiring an additional 45,729 shares during the last quarter. MML Investors Services LLC increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.7% during the 4th quarter. MML Investors Services LLC now owns 182,675 shares of the company’s stock valued at $4,624,000 after purchasing an additional 6,486 shares during the last quarter. Finally, VCI Wealth Management LLC increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.9% during the 1st quarter. VCI Wealth Management LLC now owns 180,093 shares of the company’s stock valued at $4,767,000 after purchasing an additional 6,719 shares during the last quarter. 1.80% of the stock is currently owned by institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 1.2%

Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF stock opened at $26.14 on Thursday. The firm has a market capitalization of $614.29 million, a PE ratio of -12.63 and a beta of 0.53. The business’s 50-day moving average price is $26.35 and its 200-day moving average price is $25.75. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12 month low of $23.11 and a 12 month high of $27.65.

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.