Marion Wealth Management Takes $969,000 Position in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Marion Wealth Management bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 38,273 shares of the company’s stock, valued at approximately $969,000.

Other large investors have also recently bought and sold shares of the company. Aptus Capital Advisors LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 3rd quarter worth approximately $86,000. Sanctuary Advisors LLC bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter worth $220,000. Mercer Global Advisors Inc. ADV lifted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 29.8% in the second quarter. Mercer Global Advisors Inc. ADV now owns 10,891 shares of the company’s stock valued at $297,000 after acquiring an additional 2,500 shares during the last quarter. Creative Planning grew its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 22.8% in the 3rd quarter. Creative Planning now owns 12,675 shares of the company’s stock valued at $328,000 after acquiring an additional 2,350 shares during the period. Finally, CoreCap Advisors LLC acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter worth about $369,000. 1.80% of the stock is owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

NASDAQ:COMT traded up $0.23 during mid-day trading on Monday, hitting $26.54. The stock had a trading volume of 145,234 shares, compared to its average volume of 162,148. iShares GSCI Commodity Dynamic Roll Strategy ETF has a twelve month low of $24.44 and a twelve month high of $28.22. The stock has a market cap of $716.58 million, a price-to-earnings ratio of -12.82 and a beta of 0.53. The company’s 50 day simple moving average is $25.76 and its 200 day simple moving average is $26.13.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

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

About iShares GSCI Commodity Dynamic Roll Strategy ETF

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.