MBL Wealth LLC Lowers Stake in Direxion Auspice Broad Commodity Strategy ETF $COM

MBL Wealth LLC lessened its position in shares of Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) by 63.9% in the second quarter, Holdings Channel.com reports. The fund owned 102,771 shares of the company’s stock after selling 181,854 shares during the quarter. MBL Wealth LLC’s holdings in Direxion Auspice Broad Commodity Strategy ETF were worth $2,843,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in COM. TriaGen Wealth Management LLC purchased a new stake in Direxion Auspice Broad Commodity Strategy ETF during the first quarter valued at about $4,316,000. Stratos Investment Management LLC grew its position in Direxion Auspice Broad Commodity Strategy ETF by 22.1% during the first quarter. Stratos Investment Management LLC now owns 215,231 shares of the company’s stock valued at $6,315,000 after acquiring an additional 38,994 shares during the period. Envestnet Asset Management Inc. grew its position in Direxion Auspice Broad Commodity Strategy ETF by 111.3% during the first quarter. Envestnet Asset Management Inc. now owns 58,059 shares of the company’s stock valued at $1,703,000 after acquiring an additional 30,578 shares during the period. Advisors Preferred LLC purchased a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF in the first quarter worth about $750,000. Finally, NewEdge Advisors LLC purchased a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF in the first quarter worth about $715,000.

Direxion Auspice Broad Commodity Strategy ETF Stock Up 0.6%

Shares of NYSEARCA COM opened at $28.78 on Friday. Direxion Auspice Broad Commodity Strategy ETF has a 1-year low of $27.46 and a 1-year high of $29.63. The business has a 50-day moving average of $28.10 and a 200-day moving average of $28.28.

Direxion Auspice Broad Commodity Strategy ETF Company Profile

The Direxion Auspice Broad Commodity Strategy ETF (COM) is an exchange-traded fund that is based on the Auspice Broad Commodity index. The fund tracks a broad-market index consisting of 12 commodity futures contracts, weighted by historical volatility, which can toggle to cash based on momentum. The fund will also hold short-term fixed income securities as collateral.