Foundations Investment Advisors LLC Sells 71,740 Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Foundations Investment Advisors LLC cut its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT – Get Rating) by 23.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 230,743 shares of the company’s stock after selling 71,740 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $6,505,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of COMT. CFS Investment Advisory Services LLC increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 2,893.1% during the third quarter. CFS Investment Advisory Services LLC now owns 4,484,753 shares of the company’s stock valued at $126,000 after purchasing an additional 4,334,916 shares during the period. BlackRock Inc. grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 27.2% in the first quarter. BlackRock Inc. now owns 3,935,005 shares of the company’s stock valued at $157,597,000 after acquiring an additional 842,486 shares during the period. UBS Group AG grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 98.6% in the first quarter. UBS Group AG now owns 1,076,631 shares of the company’s stock valued at $43,119,000 after acquiring an additional 534,386 shares during the period. Turim 21 Investimentos Ltda. bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the first quarter valued at $16,895,000. Finally, Envestnet Asset Management Inc. grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 5.3% in the third quarter. Envestnet Asset Management Inc. now owns 8,210,092 shares of the company’s stock valued at $293,264,000 after acquiring an additional 413,945 shares during the period. 1.80% of the stock is currently owned by institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 0.6 %

NASDAQ:COMT traded down $0.15 during trading hours on Friday, reaching $25.61. The company had a trading volume of 225,852 shares, compared to its average volume of 897,703. The stock has a 50-day moving average of $27.49 and a two-hundred day moving average of $32.76. iShares GSCI Commodity Dynamic Roll Strategy ETF has a one year low of $25.28 and a one year high of $46.28. The firm has a market capitalization of $1.03 billion, a PE ratio of -12.37 and a beta of 0.54.

iShares GSCI Commodity Dynamic Roll Strategy ETF Profile

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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.