iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Reaches New 12-Month Low – What’s Next?

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMTGet Free Report) reached a new 52-week low on Friday . The stock traded as low as $24.14 and last traded at $24.39, with a volume of 231759 shares. The stock had previously closed at $25.59.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 4.1 %

The firm has a 50 day simple moving average of $26.03 and a two-hundred day simple moving average of $26.05. The stock has a market capitalization of $623.06 million, a P/E ratio of -11.85 and a beta of 0.29.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

Several large investors have recently bought and sold shares of COMT. 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 acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth approximately $36,000. Transce3nd LLC bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter valued at $50,000. Smartleaf Asset Management LLC raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1,664.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,323 shares of the company’s stock valued at $109,000 after purchasing an additional 4,078 shares during the period. Finally, GeoWealth Management LLC boosted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 24.8% during the 4th quarter. GeoWealth Management LLC now owns 5,624 shares of the company’s stock worth $142,000 after purchasing an additional 1,117 shares in the last quarter. 1.80% of the stock is owned by institutional investors and hedge funds.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

(Get Free Report)

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.

Further Reading

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