iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. cut its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 28.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 57,304 shares of the company’s stock after selling 22,674 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.23% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $1,427,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Kingdom Financial Group LLC. purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter worth approximately $30,000. Tucker Asset Management LLC purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter worth approximately $31,000. Triumph Capital Management purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the third quarter worth approximately $33,000. Advisory Services Network LLC purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the third quarter worth approximately $63,000. Finally, Farther Finance Advisors LLC boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 39.5% during the fourth quarter. Farther Finance Advisors LLC now owns 2,627 shares of the company’s stock worth $65,000 after purchasing an additional 744 shares in the last quarter. 1.80% of the stock is owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Down 2.1%

Shares of COMT stock opened at $33.51 on Friday. The company has a market capitalization of $1.08 billion, a P/E ratio of -16.19 and a beta of 0.07. The business’s 50 day moving average is $34.40 and its two-hundred day moving average is $29.86. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12-month low of $24.24 and a 12-month high of $36.65.

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.