Peak Financial Management Inc. Lowers Stock Position in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Peak Financial Management Inc. lowered its position in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 73.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,102 shares of the company’s stock after selling 178,951 shares during the period. Peak Financial Management Inc. owned about 0.28% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $1,683,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in COMT. Tradewinds Capital Management LLC bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the first quarter worth about $27,877,000. Vontobel Holding Ltd. bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the first quarter worth about $8,558,000. Flow Traders U.S. LLC bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the first quarter worth about $3,718,000. Hancock Whitney Corp raised its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 676.6% in the first quarter. Hancock Whitney Corp now owns 134,741 shares of the company’s stock valued at $3,567,000 after purchasing an additional 117,391 shares during the period. Finally, Trek Financial LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the first quarter valued at approximately $1,288,000. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Up 0.3%

NASDAQ COMT opened at $27.08 on Thursday. The company’s 50 day moving average is $26.53 and its 200-day moving average is $25.93. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12-month low of $23.11 and a 12-month high of $27.62. The firm has a market cap of $641.80 million, a P/E ratio of -13.08 and a beta of 0.53.

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.