Envestnet Asset Management Inc. Grows Stake in Direxion Auspice Broad Commodity Strategy ETF $COM

Envestnet Asset Management Inc. lifted its stake in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) by 23.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,664 shares of the company’s stock after purchasing an additional 13,605 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Direxion Auspice Broad Commodity Strategy ETF were worth $1,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of COM. Riverbend Wealth Management LLC grew its position in Direxion Auspice Broad Commodity Strategy ETF by 3.2% during the 2nd quarter. Riverbend Wealth Management LLC now owns 21,308 shares of the company’s stock valued at $589,000 after purchasing an additional 656 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 1.1% in the first quarter. Nations Financial Group Inc. IA ADV now owns 73,742 shares of the company’s stock worth $2,164,000 after buying an additional 794 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 4.7% during the first quarter. Cetera Investment Advisers now owns 21,597 shares of the company’s stock valued at $634,000 after buying an additional 962 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF during the second quarter valued at approximately $67,000. Finally, Rooted Wealth Advisors Inc. increased its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 10.1% during the second quarter. Rooted Wealth Advisors Inc. now owns 26,433 shares of the company’s stock valued at $751,000 after acquiring an additional 2,425 shares in the last quarter.

Direxion Auspice Broad Commodity Strategy ETF Stock Performance

Shares of NYSEARCA COM opened at $29.60 on Wednesday. Direxion Auspice Broad Commodity Strategy ETF has a twelve month low of $27.46 and a twelve month high of $29.73. The company has a 50 day moving average of $28.95 and a 200 day moving average of $28.41.

Direxion Auspice Broad Commodity Strategy ETF Company Profile

The Direxion Auspice Broad Commodity Strategy ETF (COM) is an exchange-traded fund that is based on the Auspice Broad Commodity index. The fund tracks a broad-market index consisting of 12 commodity futures contracts, weighted by historical volatility, which can toggle to cash based on momentum. The fund will also hold short-term fixed income securities as collateral.