VCI Wealth Management LLC Invests $3.37 Million in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

VCI Wealth Management LLC bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 134,598 shares of the company’s stock, valued at approximately $3,374,000. iShares GSCI Commodity Dynamic Roll Strategy ETF accounts for about 2.1% of VCI Wealth Management LLC’s holdings, making the stock its 12th largest position.

Several other large investors have also recently added to or reduced their stakes in the business. OVERSEA CHINESE BANKING Corp Ltd increased its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 50.7% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 11,000 shares of the company’s stock worth $276,000 after buying an additional 3,700 shares during the period. Private Client Services LLC purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter valued at approximately $212,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 4.5% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 9,850 shares of the company’s stock valued at $247,000 after purchasing an additional 421 shares during the last quarter. Axiom Advisory LLC increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 7.7% in the 4th quarter. Axiom Advisory LLC now owns 70,272 shares of the company’s stock valued at $1,762,000 after purchasing an additional 5,053 shares during the last quarter. Finally, ORG Partners LLC increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 180.5% in the 4th quarter. ORG Partners LLC now owns 2,527 shares of the company’s stock valued at $64,000 after purchasing an additional 1,626 shares during the last quarter. 1.80% of the stock is owned by hedge funds and other institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

Shares of NASDAQ:COMT traded up $0.15 during trading hours on Thursday, reaching $27.81. The stock had a trading volume of 1,434,230 shares, compared to its average volume of 189,925. The firm’s 50 day moving average is $26.69 and its 200-day moving average is $26.65. The stock has a market capitalization of $692.47 million, a price-to-earnings ratio of -13.36 and a beta of 0.53. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1 year low of $24.14 and a 1 year high of $29.82.

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.