Integrated Wealth Concepts LLC Makes New Investment in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Integrated Wealth Concepts LLC acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 657,567 shares of the company’s stock, valued at approximately $19,970,000. Integrated Wealth Concepts LLC owned approximately 1.81% of iShares GSCI Commodity Dynamic Roll Strategy ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of COMT. Royal Bank of Canada increased its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 13.6% in the 1st quarter. Royal Bank of Canada now owns 18,112 shares of the company’s stock worth $480,000 after buying an additional 2,171 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% in the first quarter. Jane Street Group LLC now owns 137,798 shares of the company’s stock worth $3,648,000 after acquiring an additional 4,304 shares during the period. Creative Planning bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the second quarter worth about $323,000. Baird Financial Group Inc. grew its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 6.9% during the second quarter. Baird Financial Group Inc. now owns 53,265 shares of the company’s stock worth $1,377,000 after purchasing an additional 3,424 shares in the last quarter. Finally, Cerity Partners LLC grew its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 30.8% during the second quarter. Cerity Partners LLC now owns 51,156 shares of the company’s stock worth $1,322,000 after purchasing an additional 12,053 shares in the last quarter. 1.80% of the stock is currently owned by institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

COMT stock opened at $37.03 on Thursday. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1-year low of $24.24 and a 1-year high of $37.06. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of -17.89 and a beta of 0.09. The business has a 50 day simple moving average of $33.38 and a two-hundred day simple moving average of $33.07.

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.