Sand Hill Global Advisors LLC Invests $1.31 Million in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Sand Hill Global Advisors LLC acquired a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 51,852 shares of the company’s stock, valued at approximately $1,312,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. WealthTrak Capital Management LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter valued at approximately $36,000. Smartleaf Asset Management LLC boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 1,664.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,323 shares of the company’s stock worth $109,000 after acquiring an additional 4,078 shares during the period. CIBC Private Wealth Group LLC grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 105.4% in the fourth quarter. CIBC Private Wealth Group LLC now owns 5,906 shares of the company’s stock worth $151,000 after purchasing an additional 3,031 shares in the last quarter. Dorsey & Whitney Trust CO LLC bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter valued at about $221,000. Finally, Northwest Wealth Management LLC raised its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 13.0% in the 4th quarter. Northwest Wealth Management LLC now owns 9,415 shares of the company’s stock worth $238,000 after buying an additional 1,082 shares in the last quarter. 1.80% of the stock is owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 2.1 %

Shares of COMT stock opened at $24.02 on Tuesday. The stock has a 50-day simple moving average of $25.99 and a 200 day simple moving average of $26.04. The stock has a market capitalization of $610.11 million, a P/E ratio of -11.60 and a beta of 0.53. iShares GSCI Commodity Dynamic Roll Strategy ETF has a fifty-two week low of $23.97 and a fifty-two week high of $28.22.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company 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.