Kingsview Wealth Management LLC Increases Stock Position in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Kingsview Wealth Management LLC grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT – Get Rating) by 1.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,066 shares of the company’s stock after purchasing an additional 413 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $1,074,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in COMT. JPMorgan Chase & Co. raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 62.9% in the first quarter. JPMorgan Chase & Co. now owns 47,961 shares of the company’s stock valued at $1,921,000 after purchasing an additional 18,527 shares during the last quarter. Raymond James & Associates purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the first quarter worth about $327,000. Bank of New York Mellon Corp increased its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 29.9% during the first quarter. Bank of New York Mellon Corp now owns 791,231 shares of the company’s stock worth $31,689,000 after buying an additional 182,335 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 157.3% during the first quarter. PNC Financial Services Group Inc. now owns 898 shares of the company’s stock worth $36,000 after buying an additional 549 shares during the last quarter. Finally, BlackRock Inc. increased its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 27.2% during the first quarter. BlackRock Inc. now owns 3,935,005 shares of the company’s stock worth $157,597,000 after buying an additional 842,486 shares during the last quarter. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

NASDAQ COMT opened at $26.40 on Wednesday. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52-week low of $26.30 and a 52-week high of $46.28. The company has a 50-day simple moving average of $27.56 and a 200 day simple moving average of $32.96. The company has a market capitalization of $1.07 billion, a PE ratio of -12.75 and a beta of 0.54.

iShares GSCI Commodity Dynamic Roll Strategy ETF Profile

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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.