Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT – Free Report) by 5,659.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,606,153 shares of the company’s stock after acquiring an additional 4,526,175 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 18.28% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $114,670,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of COMT. Royal Bank of Canada boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 13.6% during the 1st quarter. Royal Bank of Canada now owns 18,112 shares of the company’s stock valued at $480,000 after acquiring an additional 2,171 shares in the last quarter. Jane Street Group LLC boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% during the 1st quarter. Jane Street Group LLC now owns 137,798 shares of the company’s stock valued at $3,648,000 after acquiring an additional 4,304 shares in the last quarter. Creative Planning bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter valued at $323,000. Baird Financial Group Inc. boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 6.9% during the 2nd quarter. Baird Financial Group Inc. now owns 53,265 shares of the company’s stock valued at $1,377,000 after acquiring an additional 3,424 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 30.8% during the 2nd quarter. Cerity Partners LLC now owns 51,156 shares of the company’s stock valued at $1,322,000 after acquiring an additional 12,053 shares in the last quarter. Institutional investors own 1.80% of the company’s stock.
iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance
NASDAQ COMT opened at $35.90 on Friday. The stock has a 50-day simple moving average of $33.69 and a two-hundred day simple moving average of $29.04. The firm has a market capitalization of $1.15 billion, a P/E ratio of -17.34 and a beta of 0.10. iShares GSCI Commodity Dynamic Roll Strategy ETF has a fifty-two week low of $24.24 and a fifty-two week high of $36.51.
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.
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