Peak Financial Management Inc. Increases Stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Peak Financial Management Inc. raised its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 4.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 245,014 shares of the company’s stock after acquiring an additional 11,460 shares during the period. iShares GSCI Commodity Dynamic Roll Strategy ETF comprises 1.9% of Peak Financial Management Inc.’s holdings, making the stock its 20th largest position. Peak Financial Management Inc.’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $6,201,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in COMT. Axiom Advisory LLC raised its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 11.4% during the 3rd quarter. Axiom Advisory LLC now owns 5,530,030 shares of the company’s stock valued at $144,969,000 after purchasing an additional 564,318 shares during the last quarter. Truist Financial Corp bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter valued at approximately $68,420,000. Evolution Wealth Advisors LLC lifted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 43.9% in the fourth quarter. Evolution Wealth Advisors LLC now owns 335,884 shares of the company’s stock worth $8,501,000 after acquiring an additional 102,473 shares during the period. Carrera Capital Advisors boosted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 30.1% in the third quarter. Carrera Capital Advisors now owns 309,084 shares of the company’s stock valued at $8,008,000 after acquiring an additional 71,432 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 17.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 253,253 shares of the company’s stock valued at $6,562,000 after purchasing an additional 37,150 shares during the period. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 0.1 %

Shares of NASDAQ COMT opened at $26.42 on Monday. The firm has a fifty day simple moving average of $25.87 and a two-hundred day simple moving average of $26.07. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12 month low of $24.44 and a 12 month high of $28.22. The firm has a market capitalization of $713.34 million, a PE ratio of -12.76 and a beta of 0.53.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.2401 dividend. The ex-dividend date was Tuesday, December 17th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s payout ratio is currently -59.90%.

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.