Envestnet Asset Management Inc. Has $26.44 Million Stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Envestnet Asset Management Inc. raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 895.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 968,185 shares of the company’s stock after buying an additional 870,930 shares during the period. Envestnet Asset Management Inc. owned 2.67% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $26,441,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in COMT. Evolution Wealth Advisors LLC raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.8% during the second quarter. Evolution Wealth Advisors LLC now owns 234,731 shares of the company’s stock worth $6,412,000 after acquiring an additional 8,525 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.3% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 216,103 shares of the company’s stock worth $5,902,000 after purchasing an additional 6,890 shares in the last quarter. Atomi Financial Group Inc. boosted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 30.7% in the 2nd quarter. Atomi Financial Group Inc. now owns 170,139 shares of the company’s stock valued at $4,646,000 after buying an additional 39,922 shares during the last quarter. Fairview Capital Investment Management LLC grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 5.2% in the fourth quarter. Fairview Capital Investment Management LLC now owns 167,055 shares of the company’s stock valued at $4,188,000 after buying an additional 8,255 shares in the last quarter. Finally, BROOKFIELD Corp ON increased its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 5.0% during the first quarter. BROOKFIELD Corp ON now owns 114,860 shares of the company’s stock worth $3,101,000 after buying an additional 5,510 shares during the last quarter. 1.80% of the stock is currently owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

Shares of COMT stock opened at $26.01 on Friday. The company has a fifty day moving average price of $26.01 and a two-hundred day moving average price of $26.77. iShares GSCI Commodity Dynamic Roll Strategy ETF has a one year low of $24.14 and a one year high of $29.63. The stock has a market cap of $941.56 million, a P/E ratio of -12.57 and a beta of 0.53.

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.