Kestra Advisory Services LLC Buys Shares of 11,161 VanEck Commodity Strategy ETF $PIT

Kestra Advisory Services LLC purchased a new stake in shares of VanEck Commodity Strategy ETF (BATS:PIT) during the first quarter, HoldingsChannel.com reports. The fund purchased 11,161 shares of the company’s stock, valued at approximately $808,000.

Other large investors have also recently made changes to their positions in the company. Ascentis Independent Advisors purchased a new position in shares of VanEck Commodity Strategy ETF during the first quarter valued at approximately $1,964,000. Apollon Wealth Management LLC purchased a new stake in VanEck Commodity Strategy ETF in the first quarter worth approximately $387,000. Van ECK Associates Corp grew its position in VanEck Commodity Strategy ETF by 43.9% in the 4th quarter. Van ECK Associates Corp now owns 900,116 shares of the company’s stock worth $47,534,000 after purchasing an additional 274,794 shares during the period. Prevail Innovative Wealth Advisors LLC bought a new stake in VanEck Commodity Strategy ETF in the 4th quarter worth approximately $6,103,000. Finally, Tucker Asset Management LLC purchased a new stake in VanEck Commodity Strategy ETF during the 4th quarter valued at $104,000.

VanEck Commodity Strategy ETF Price Performance

BATS PIT opened at $74.67 on Friday. The business’s fifty day moving average price is $70.83 and its 200-day moving average price is $67.55. VanEck Commodity Strategy ETF has a 1-year low of $50.84 and a 1-year high of $78.42.

VanEck Commodity Strategy ETF Profile

The VanEck Commodity Strategy ETF (PIT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund that invests in commodity securities from the energy, precious metals, industrial metals, agriculture and livestock sectors. The fund uses an optimized process to maximize risk-adjusted returns. PIT was launched on Dec 20, 2022 and is managed by VanEck.