ORG Partners LLC Takes $1.34 Million Position in VanEck Commodity Strategy ETF (BATS:PIT)

ORG Partners LLC purchased a new stake in shares of VanEck Commodity Strategy ETF (BATS:PIT) in the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 26,873 shares of the company’s stock, valued at approximately $1,343,000. ORG Partners LLC owned about 0.05% of VanEck Commodity Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Flow Traders U.S. LLC acquired a new stake in VanEck Commodity Strategy ETF in the first quarter worth about $3,254,000. Sheets Smith Wealth Management lifted its holdings in VanEck Commodity Strategy ETF by 40.5% in the first quarter. Sheets Smith Wealth Management now owns 12,471 shares of the company’s stock worth $614,000 after purchasing an additional 3,597 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in VanEck Commodity Strategy ETF by 21.3% in the fourth quarter. Van ECK Associates Corp now owns 483,527 shares of the company’s stock worth $22,216,000 after purchasing an additional 84,743 shares during the period.

VanEck Commodity Strategy ETF Stock Down 0.8 %

PIT stock traded down $0.40 during trading on Wednesday, hitting $47.92. The company had a trading volume of 184 shares. The firm has a fifty day moving average price of $48.83 and a 200 day moving average price of $48.76.

VanEck Commodity Strategy ETF Company Profile

The VanEck Commodity Strategy ETF (PIT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund that invests in commodity securities from the energy, precious metals, industrial metals, agriculture and livestock sectors. The fund uses an optimized process to maximize risk-adjusted returns.