iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Shares Gap Up – Time to Buy?

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)’s share price gapped up prior to trading on Monday . The stock had previously closed at $32.63, but opened at $33.86. iShares GSCI Commodity Dynamic Roll Strategy ETF shares last traded at $33.52, with a volume of 127,888 shares.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Up 3.8%

The company has a market cap of $1.18 billion, a P/E ratio of -16.36 and a beta of 0.08. The firm’s 50 day moving average is $30.43 and its two-hundred day moving average is $27.79.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

Several institutional investors have recently modified their holdings of the business. CoreCap Advisors LLC grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 4.0% in the fourth quarter. CoreCap Advisors LLC now owns 10,666 shares of the company’s stock worth $266,000 after purchasing an additional 409 shares during the last quarter. Security Financial Services INC. grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 6.9% in the third quarter. Security Financial Services INC. now owns 8,313 shares of the company’s stock worth $223,000 after purchasing an additional 536 shares during the last quarter. Prosperity Planning Inc. grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 2.6% in the third quarter. Prosperity Planning Inc. now owns 22,662 shares of the company’s stock worth $608,000 after purchasing an additional 577 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 5.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 11,720 shares of the company’s stock worth $292,000 after purchasing an additional 591 shares during the last quarter. Finally, Assetmark Inc. grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.8% in the third quarter. Assetmark Inc. now owns 19,670 shares of the company’s stock worth $528,000 after purchasing an additional 726 shares during the last quarter. Institutional investors own 1.80% of the company’s stock.

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.