Crewe Advisors LLC Sells 500 Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Crewe Advisors LLC lessened its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 30.4% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,147 shares of the company’s stock after selling 500 shares during the quarter. Crewe Advisors LLC’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $31,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. ORG Partners LLC increased its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 180.5% during the fourth quarter. ORG Partners LLC now owns 2,527 shares of the company’s stock valued at $64,000 after acquiring an additional 1,626 shares during the last quarter. Sachetta LLC purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter worth about $65,000. Scarborough Advisors LLC purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter worth about $165,000. Private Client Services LLC purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter worth about $212,000. Finally, Napatree Capital LLC purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter worth about $216,000. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

Shares of COMT stock traded up $0.12 during mid-day trading on Thursday, hitting $26.58. 217,218 shares of the stock traded hands, compared to its average volume of 234,615. The stock has a market cap of $962.20 million, a P/E ratio of -12.84 and a beta of 0.53. The stock’s fifty day moving average is $27.17 and its two-hundred day moving average is $26.68. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52-week low of $24.14 and a 52-week high of $29.82.

iShares GSCI Commodity Dynamic Roll Strategy ETF Profile

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.