iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Sees Unusually-High Trading Volume

Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw unusually-high trading volume on Thursday . Approximately 7,307,091 shares traded hands during trading, an increase of 2,414% from the previous session’s volume of 290,651 shares.The stock last traded at $26.74 and had previously closed at $26.82.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 0.1 %

The business has a 50-day moving average of $26.90 and a 200 day moving average of $26.62. The firm has a market capitalization of $710.16 million, a PE ratio of -13.00 and a beta of 0.53.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

Several institutional investors and hedge funds have recently made changes to their positions in COMT. Raymond James & Associates lifted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 159.3% during the third quarter. Raymond James & Associates now owns 250,793 shares of the company’s stock worth $7,311,000 after acquiring an additional 154,072 shares during the period. Marion Wealth Management bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth $3,689,000. International Assets Investment Management LLC boosted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1,955.9% in the 4th quarter. International Assets Investment Management LLC now owns 154,254 shares of the company’s stock worth $3,867,000 after buying an additional 146,751 shares during the last quarter. VCI Wealth Management LLC bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter valued at about $3,374,000. Finally, Varma Mutual Pension Insurance Co purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the third quarter worth about $3,760,000. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company 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.