Hsbc Holdings PLC Buys 26,639 Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Hsbc Holdings PLC increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 108.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 51,312 shares of the company’s stock after purchasing an additional 26,639 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $1,277,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 5,659.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,606,153 shares of the company’s stock valued at $114,670,000 after acquiring an additional 4,526,175 shares in the last quarter. SkyView Investment Advisors LLC acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter valued at $11,722,000. Vontobel Holding Ltd. lifted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 186.1% in the fourth quarter. Vontobel Holding Ltd. now owns 601,900 shares of the company’s stock worth $14,984,000 after purchasing an additional 391,500 shares during the period. Assetmark Inc. lifted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 1,059.2% in the fourth quarter. Assetmark Inc. now owns 228,005 shares of the company’s stock worth $5,676,000 after purchasing an additional 208,335 shares during the period. Finally, Tcfg Wealth Management LLC boosted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 2,367.0% during the third quarter. Tcfg Wealth Management LLC now owns 201,456 shares of the company’s stock worth $5,409,000 after buying an additional 193,290 shares in the last quarter. 1.80% of the stock is currently owned by institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF stock opened at $30.13 on Thursday. The firm has a market capitalization of $967.17 million, a PE ratio of -14.56 and a beta of 0.07. The company’s fifty day moving average price is $33.70 and its two-hundred day moving average price is $30.47. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52-week low of $24.24 and a 52-week high of $36.65.

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.