World Equity Group Inc. Has $685,000 Stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

World Equity Group Inc. boosted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 3.8% in the third quarter, HoldingsChannel reports. The firm owned 26,437 shares of the company’s stock after acquiring an additional 962 shares during the period. World Equity Group Inc.’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $685,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Aletheian Wealth Advisors LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the third quarter worth approximately $1,008,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 42.4% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,650 shares of the company’s stock worth $536,000 after buying an additional 6,150 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 2,285.4% in the 3rd quarter. International Assets Investment Management LLC now owns 47,493 shares of the company’s stock valued at $1,231,000 after acquiring an additional 45,502 shares during the last quarter. Peak Financial Management Inc. raised its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.6% in the 3rd quarter. Peak Financial Management Inc. now owns 233,554 shares of the company’s stock valued at $6,051,000 after acquiring an additional 8,111 shares during the period. Finally, Creative Planning boosted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 22.8% during the 3rd quarter. Creative Planning now owns 12,675 shares of the company’s stock worth $328,000 after acquiring an additional 2,350 shares during the last quarter. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

NASDAQ:COMT traded up $0.34 during trading hours on Monday, hitting $26.35. The stock had a trading volume of 13,137 shares, compared to its average volume of 229,200. The business’s 50 day moving average is $26.07 and its 200-day moving average is $26.63. The company has a market cap of $872.19 million, a price-to-earnings ratio of -12.57 and a beta of 0.53. iShares GSCI Commodity Dynamic Roll Strategy ETF has a one year low of $24.14 and a one year high of $28.51.

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.