IFP Advisors Inc Buys 12,082 Shares of Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM)

IFP Advisors Inc grew its stake in shares of Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) by 143.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,510 shares of the company’s stock after acquiring an additional 12,082 shares during the period. IFP Advisors Inc owned about 0.22% of Direxion Auspice Broad Commodity Strategy ETF worth $581,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BKM Wealth Management LLC raised its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 16.2% during the fourth quarter. BKM Wealth Management LLC now owns 10,406 shares of the company’s stock valued at $295,000 after acquiring an additional 1,450 shares in the last quarter. Capital Advisory Group Advisory Services LLC increased its holdings in Direxion Auspice Broad Commodity Strategy ETF by 2.0% during the fourth quarter. Capital Advisory Group Advisory Services LLC now owns 84,408 shares of the company’s stock valued at $2,390,000 after buying an additional 1,620 shares during the period. Pasadena Private Wealth LLC increased its holdings in Direxion Auspice Broad Commodity Strategy ETF by 6.5% during the fourth quarter. Pasadena Private Wealth LLC now owns 532,060 shares of the company’s stock valued at $15,068,000 after buying an additional 32,490 shares during the period. Lifeworks Advisors LLC purchased a new position in Direxion Auspice Broad Commodity Strategy ETF during the third quarter valued at approximately $349,000. Finally, Nations Financial Group Inc. IA ADV increased its holdings in Direxion Auspice Broad Commodity Strategy ETF by 9.9% during the third quarter. Nations Financial Group Inc. IA ADV now owns 73,438 shares of the company’s stock valued at $2,111,000 after buying an additional 6,604 shares during the period.

Direxion Auspice Broad Commodity Strategy ETF Price Performance

Shares of COM stock opened at $28.59 on Friday. The company’s 50 day moving average is $28.79 and its 200 day moving average is $28.78. Direxion Auspice Broad Commodity Strategy ETF has a 52-week low of $27.80 and a 52-week high of $30.40.

Direxion Auspice Broad Commodity Strategy ETF Profile

The Direxion Auspice Broad Commodity Strategy ETF (COM) is an exchange-traded fund that is based on the Auspice Broad Commodity index. The fund tracks a broad-market index consisting of 12 commodity futures contracts, weighted by historical volatility, which can toggle to cash based on momentum. The fund will also hold short-term fixed income securities as collateral.