Maridea Wealth Management LLC Buys New Stake in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM)

Maridea Wealth Management LLC purchased a new stake in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 87,337 shares of the company’s stock, valued at approximately $2,473,000. Direxion Auspice Broad Commodity Strategy ETF makes up about 0.8% of Maridea Wealth Management LLC’s investment portfolio, making the stock its 23rd largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. BKM Wealth Management LLC raised its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 16.2% during the 4th quarter. BKM Wealth Management LLC now owns 10,406 shares of the company’s stock valued at $295,000 after buying an additional 1,450 shares during the period. Riverbend Wealth Management LLC purchased a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF during the fourth quarter valued at approximately $511,000. Capital Advisory Group Advisory Services LLC lifted its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 2.0% during the fourth quarter. Capital Advisory Group Advisory Services LLC now owns 84,408 shares of the company’s stock worth $2,390,000 after purchasing an additional 1,620 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 16.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 8,944 shares of the company’s stock worth $253,000 after purchasing an additional 1,292 shares in the last quarter. Finally, Pasadena Private Wealth LLC boosted its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 6.5% in the fourth quarter. Pasadena Private Wealth LLC now owns 532,060 shares of the company’s stock valued at $15,068,000 after purchasing an additional 32,490 shares during the period.

Direxion Auspice Broad Commodity Strategy ETF Stock Down 0.2 %

Direxion Auspice Broad Commodity Strategy ETF stock opened at $29.21 on Friday. The firm’s fifty day moving average price is $28.98 and its 200 day moving average price is $28.83. Direxion Auspice Broad Commodity Strategy ETF has a 12-month low of $28.16 and a 12-month high of $30.40.

Direxion Auspice Broad Commodity Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be paid a $0.2543 dividend. The ex-dividend date is Tuesday, March 25th.

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.