HighTower Advisors LLC Sells 5,770 Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

HighTower Advisors LLC decreased its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 31.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,416 shares of the company’s stock after selling 5,770 shares during the period. HighTower Advisors LLC’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $319,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of COMT. Cerity Partners LLC lifted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.2% during the 3rd quarter. Cerity Partners LLC now owns 62,807 shares of the company’s stock worth $1,627,000 after purchasing an additional 742 shares during the last quarter. Prosperity Planning Inc. lifted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 5.0% during the third quarter. Prosperity Planning Inc. now owns 19,850 shares of the company’s stock valued at $514,000 after buying an additional 944 shares during the last quarter. World Equity Group Inc. boosted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.8% in the 3rd quarter. World Equity Group Inc. now owns 26,437 shares of the company’s stock valued at $685,000 after buying an additional 962 shares in the last quarter. Larson Financial Group LLC purchased a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 2nd quarter worth approximately $46,000. Finally, International Assets Investment Management LLC bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter worth approximately $54,000. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 0.1 %

Shares of COMT opened at $24.80 on Tuesday. The company has a 50 day moving average of $26.01 and a two-hundred day moving average of $26.32. iShares GSCI Commodity Dynamic Roll Strategy ETF has a twelve month low of $24.14 and a twelve month high of $28.22. The company has a market cap of $820.88 million, a price-to-earnings ratio of -11.98 and a beta of 0.53.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $1.2401 per share. The ex-dividend date was Tuesday, December 17th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio is currently -59.90%.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

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.