Mirae Asset Global Investments Co. Ltd. Sells 49,900 Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Mirae Asset Global Investments Co. Ltd. lessened its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 80.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,200 shares of the company’s stock after selling 49,900 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.05% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $328,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 13.6% during the 1st quarter. Royal Bank of Canada now owns 18,112 shares of the company’s stock worth $480,000 after purchasing an additional 2,171 shares during the last quarter. Jane Street Group LLC grew its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% during the 1st quarter. Jane Street Group LLC now owns 137,798 shares of the company’s stock worth $3,648,000 after buying an additional 4,304 shares during the period. Ameritas Advisory Services LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter worth approximately $30,000. Pettinga Financial Advisors LLC lifted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 8.3% in the second quarter. Pettinga Financial Advisors LLC now owns 60,388 shares of the company’s stock valued at $1,561,000 after buying an additional 4,634 shares during the period. Finally, VCI Wealth Management LLC lifted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 8.4% in the second quarter. VCI Wealth Management LLC now owns 195,133 shares of the company’s stock valued at $5,044,000 after buying an additional 15,040 shares during the period. 1.80% of the stock is currently owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

COMT opened at $26.87 on Friday. The company has a fifty day moving average price of $26.01 and a two-hundred day moving average price of $26.41. The firm has a market capitalization of $677.12 million, a PE ratio of -12.98 and a beta of 0.23. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52 week low of $23.11 and a 52 week high of $28.36.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a dividend of $1.9271 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 795.0%. iShares GSCI Commodity Dynamic Roll Strategy ETF’s payout ratio is -59.90%.

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.