iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Sees Large Volume Increase – Here’s What Happened

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) shares saw an uptick in trading volume on Tuesday . 245,004 shares were traded during mid-day trading, a decline of 6% from the previous session’s volume of 260,494 shares.The stock last traded at $26.55 and had previously closed at $26.47.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

The firm has a market capitalization of $688.86 million, a P/E ratio of -12.90 and a beta of 0.53. The firm’s fifty day moving average price is $26.08 and its 200-day moving average price is $26.05.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

Institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter valued at $26,000. WealthTrak Capital Management LLC purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter valued at approximately $36,000. Transce3nd LLC purchased a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter valued at $50,000. Smartleaf Asset Management LLC increased its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 1,664.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,323 shares of the company’s stock worth $109,000 after purchasing an additional 4,078 shares during the last quarter. Finally, GeoWealth Management LLC increased its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 24.8% in the fourth quarter. GeoWealth Management LLC now owns 5,624 shares of the company’s stock worth $142,000 after buying an additional 1,117 shares during the last quarter. Institutional investors and hedge funds 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.