iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT – Get Free Report) saw an uptick in trading volume on Thursday . 7,307,091 shares traded hands during mid-day trading, an increase of 2,414% from the previous session’s volume of 290,651 shares.The stock last traded at $26.74 and had previously closed at $26.82.
iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance
The firm’s 50 day moving average is $26.90 and its 200 day moving average is $26.62. The stock has a market cap of $710.16 million, a P/E ratio of -13.00 and a beta of 0.53.
Hedge Funds Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF
A number of large investors have recently made changes to their positions in COMT. Crewe Advisors LLC purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the third quarter valued at about $46,000. Spire Wealth Management boosted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 55.2% in the 3rd quarter. Spire Wealth Management now owns 1,906 shares of the company’s stock worth $56,000 after purchasing an additional 678 shares in the last quarter. ORG Partners LLC grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 180.5% during the 4th quarter. ORG Partners LLC now owns 2,527 shares of the company’s stock worth $64,000 after purchasing an additional 1,626 shares during the last quarter. Sachetta LLC acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter valued at approximately $65,000. Finally, Advisors Preferred LLC purchased a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the third quarter worth $79,000. 1.80% of the stock is owned by institutional investors and hedge funds.
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.
Read More
- Five stocks we like better than iShares GSCI Commodity Dynamic Roll Strategy ETF
- Investing in large cap stocks: Diving into big caps
- MarketBeat Week in Review – 4/29 – 5/3
- Where Do I Find 52-Week Highs and Lows?
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- When to Sell a Stock for Profit or Loss
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
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.