iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Sees Strong Trading Volume

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMTGet Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 1,362,367 shares were traded during trading, an increase of 493% from the previous session’s volume of 229,919 shares.The stock last traded at $26.50 and had previously closed at $26.32.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Up 1.1 %

The business’s fifty day simple moving average is $25.89 and its two-hundred day simple moving average is $26.77. The company has a market cap of $962.92 million, a price-to-earnings ratio of -12.71 and a beta of 0.53.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Larson Financial Group LLC purchased a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter worth approximately $46,000. International Assets Investment Management LLC purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter worth $54,000. Scarborough Advisors LLC purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth $165,000. Napatree Capital LLC purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth $216,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter worth $220,000. Institutional investors and hedge funds own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company Profile

(Get Free Report)

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.

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