JPMorgan Chase & Co. Sells 2,285 Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

JPMorgan Chase & Co. reduced its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 16.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,321 shares of the company’s stock after selling 2,285 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $293,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Aptus Capital Advisors LLC purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 3rd quarter valued at about $86,000. Sanctuary Advisors LLC purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the second quarter worth approximately $220,000. Creative Planning grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 22.8% in the 3rd quarter. Creative Planning now owns 12,675 shares of the company’s stock worth $328,000 after purchasing an additional 2,350 shares during the period. Prosperity Planning Inc. raised its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 5.0% during the 3rd 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. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 42.4% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,650 shares of the company’s stock valued at $536,000 after buying an additional 6,150 shares during the period. 1.80% of the stock is owned by hedge funds and other institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

Shares of COMT opened at $26.14 on Friday. The firm has a market capitalization of $705.78 million, a P/E ratio of -12.63 and a beta of 0.53. iShares GSCI Commodity Dynamic Roll Strategy ETF has a one year low of $24.44 and a one year high of $28.22. The business has a fifty day moving average of $25.87 and a 200 day moving average of $26.04.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $1.2401 per share. The ex-dividend date of this dividend 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.