Waverly Advisors LLC Acquires New Stake in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Waverly Advisors LLC acquired a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) during the second quarter, HoldingsChannel reports. The fund acquired 32,627 shares of the company’s stock, valued at approximately $991,000.

Several other institutional investors also recently bought and sold shares of the company. Kingdom Financial Group LLC. acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter worth $30,000. Tucker Asset Management LLC purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter valued at about $31,000. Principia Wealth Advisory LLC increased its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 509.7% during the fourth quarter. Principia Wealth Advisory LLC now owns 2,396 shares of the company’s stock worth $60,000 after acquiring an additional 2,003 shares during the period. Centaurus Financial Inc. acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the first quarter worth about $103,000. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter worth about $122,000. 1.80% of the stock is owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Up 0.1%

NASDAQ COMT opened at $37.58 on Tuesday. The stock has a market capitalization of $1.41 billion, a P/E ratio of -18.15 and a beta of 0.09. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52-week low of $24.24 and a 52-week high of $38.08. The firm has a 50-day moving average price of $33.83 and a 200 day moving average price of $33.28.

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.