Alhambra Investment Management LLC Has $1.41 Million Holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Alhambra Investment Management LLC trimmed its position in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 29.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,731 shares of the company’s stock after selling 23,340 shares during the quarter. Alhambra Investment Management LLC owned 0.22% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $1,412,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 13.6% during the 1st quarter. Royal Bank of Canada now owns 18,112 shares of the company’s stock worth $480,000 after acquiring an additional 2,171 shares during the period. Jane Street Group LLC increased its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% in the first quarter. Jane Street Group LLC now owns 137,798 shares of the company’s stock valued at $3,648,000 after acquiring an additional 4,304 shares during the period. Creative Planning acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the second quarter worth about $323,000. Hsbc Holdings PLC raised its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 40.9% in the second quarter. Hsbc Holdings PLC now owns 26,168 shares of the company’s stock worth $676,000 after purchasing an additional 7,591 shares in the last quarter. Finally, Trek Financial LLC lifted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 22.3% during the second quarter. Trek Financial LLC now owns 59,486 shares of the company’s stock worth $1,538,000 after purchasing an additional 10,836 shares during the period. 1.80% of the stock is owned by institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

Shares of COMT stock opened at $34.31 on Tuesday. The stock’s fifty day simple moving average is $29.18 and its 200 day simple moving average is $27.35. The firm has a market cap of $864.61 million, a price-to-earnings ratio of -16.57 and a beta of 0.23. iShares GSCI Commodity Dynamic Roll Strategy ETF has a one year low of $23.11 and a one year high of $34.43.

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.