WBI Investments LLC Sells 47,886 Shares of Direxion Auspice Broad Commodity Strategy ETF $COM

WBI Investments LLC reduced its stake in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) by 19.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 195,248 shares of the company’s stock after selling 47,886 shares during the period. Direxion Auspice Broad Commodity Strategy ETF makes up approximately 1.4% of WBI Investments LLC’s holdings, making the stock its 7th largest holding. WBI Investments LLC owned approximately 3.25% of Direxion Auspice Broad Commodity Strategy ETF worth $5,610,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Stratos Investment Management LLC grew its position in Direxion Auspice Broad Commodity Strategy ETF by 92.6% in the third quarter. Stratos Investment Management LLC now owns 431,456 shares of the company’s stock valued at $12,397,000 after acquiring an additional 207,425 shares during the period. HighTower Advisors LLC grew its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 3.7% in the 3rd quarter. HighTower Advisors LLC now owns 387,032 shares of the company’s stock worth $11,120,000 after purchasing an additional 13,897 shares during the last quarter. Pasadena Private Wealth LLC grew its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 27.6% in the 3rd quarter. Pasadena Private Wealth LLC now owns 256,830 shares of the company’s stock worth $7,379,000 after purchasing an additional 55,598 shares during the last quarter. Wealthcare Advisory Partners LLC increased its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 8.9% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 174,271 shares of the company’s stock worth $5,007,000 after purchasing an additional 14,205 shares in the last quarter. Finally, Ifrah Financial Services Inc. increased its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 0.9% during the 3rd quarter. Ifrah Financial Services Inc. now owns 119,674 shares of the company’s stock worth $3,438,000 after purchasing an additional 1,065 shares in the last quarter.

Direxion Auspice Broad Commodity Strategy ETF Price Performance

Shares of COM stock opened at $33.64 on Wednesday. Direxion Auspice Broad Commodity Strategy ETF has a 12-month low of $27.46 and a 12-month high of $34.08. The firm has a 50-day moving average price of $31.54 and a 200 day moving average price of $30.01.

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. COM was launched on Mar 30, 2017 and is managed by Direxion.