Pasadena Private Wealth LLC Boosts Stock Position in Direxion Auspice Broad Commodity Strategy ETF $COM

Pasadena Private Wealth LLC boosted its position in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) by 17.4% in the first quarter, HoldingsChannel.com reports. The firm owned 357,317 shares of the company’s stock after acquiring an additional 52,895 shares during the period. Direxion Auspice Broad Commodity Strategy ETF accounts for approximately 1.7% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 16th biggest holding. Pasadena Private Wealth LLC’s holdings in Direxion Auspice Broad Commodity Strategy ETF were worth $11,995,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Riverbend Wealth Management LLC boosted its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 4.0% in the 1st quarter. Riverbend Wealth Management LLC now owns 24,373 shares of the company’s stock valued at $818,000 after buying an additional 947 shares in the last quarter. Rooted Wealth Advisors Inc. grew its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 14.3% in the 1st quarter. Rooted Wealth Advisors Inc. now owns 40,888 shares of the company’s stock worth $1,372,000 after buying an additional 5,111 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 12.7% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 92,972 shares of the company’s stock worth $3,121,000 after buying an additional 10,506 shares during the last quarter. Virtu Financial LLC raised its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 233.3% during the 4th quarter. Virtu Financial LLC now owns 23,927 shares of the company’s stock worth $708,000 after acquiring an additional 16,748 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of Direxion Auspice Broad Commodity Strategy ETF during the 4th quarter worth approximately $99,000.

Direxion Auspice Broad Commodity Strategy ETF Price Performance

NYSEARCA:COM opened at $32.57 on Monday. Direxion Auspice Broad Commodity Strategy ETF has a 52 week low of $27.46 and a 52 week high of $35.62. The firm has a 50 day moving average of $33.85 and a 200 day moving average of $32.36.

About Direxion Auspice Broad Commodity Strategy ETF

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. COM was launched on Mar 30, 2017 and is managed by Direxion.