Pettinga Financial Advisors LLC Boosts Stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Pettinga Financial Advisors LLC boosted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 9.0% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 39,643 shares of the company’s stock after buying an additional 3,269 shares during the quarter. Pettinga Financial Advisors LLC owned approximately 0.16% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $1,070,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. ORG Partners LLC raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 180.5% in the 4th quarter. ORG Partners LLC now owns 2,527 shares of the company’s stock valued at $64,000 after acquiring an additional 1,626 shares during the last quarter. Sachetta LLC acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth $65,000. Scarborough Advisors LLC acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth $165,000. Private Client Services LLC acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth $212,000. Finally, Napatree Capital LLC acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth $216,000. 1.80% of the stock is currently owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 0.2 %

COMT stock opened at $27.31 on Monday. The company has a market cap of $720.98 million, a price-to-earnings ratio of -13.19 and a beta of 0.53. The business has a fifty day simple moving average of $27.20 and a 200-day simple moving average of $26.48. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52 week low of $24.14 and a 52 week high of $29.82.

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.