Royal Bank of Canada Purchases 127,026 Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Royal Bank of Canada lifted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 341.0% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 164,280 shares of the company’s stock after purchasing an additional 127,026 shares during the period. Royal Bank of Canada’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $5,555,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in COMT. Jane Street Group LLC grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% during the first quarter. Jane Street Group LLC now owns 137,798 shares of the company’s stock valued at $3,648,000 after buying an additional 4,304 shares during the period. Creative Planning purchased a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter worth $323,000. Baird Financial Group Inc. lifted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 6.9% during the 2nd quarter. Baird Financial Group Inc. now owns 53,265 shares of the company’s stock valued at $1,377,000 after buying an additional 3,424 shares in the last quarter. Cerity Partners LLC grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 30.8% during the 2nd quarter. Cerity Partners LLC now owns 51,156 shares of the company’s stock valued at $1,322,000 after acquiring an additional 12,053 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 2nd quarter worth approximately $216,000. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 0.4%

NASDAQ COMT opened at $33.76 on Thursday. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12 month low of $24.24 and a 12 month high of $36.65. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of -16.31 and a beta of 0.08. The company’s 50 day moving average is $32.09 and its two-hundred day moving average is $31.94.

iShares GSCI Commodity Dynamic Roll Strategy ETF 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.