Gateway Wealth Partners LLC Takes $1.18 Million Position in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Gateway Wealth Partners LLC acquired a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) in the first quarter, HoldingsChannel reports. The firm acquired 34,911 shares of the company’s stock, valued at approximately $1,180,000.

Several other hedge funds have also added to or reduced their stakes in COMT. Wealth Alliance LLC lifted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 0.6% during the first quarter. Wealth Alliance LLC now owns 105,985 shares of the company’s stock worth $3,583,000 after purchasing an additional 603 shares during the period. Compound Planning Inc. raised its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 37.8% during the first quarter. Compound Planning Inc. now owns 13,607 shares of the company’s stock worth $460,000 after acquiring an additional 3,733 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 97.4% in the first quarter. Cetera Investment Advisers now owns 69,470 shares of the company’s stock worth $2,349,000 after acquiring an additional 34,283 shares during the period. Balefire LLC acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the first quarter worth approximately $1,736,000. Finally, Assetmark Inc. boosted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 1,022.2% in the first quarter. Assetmark Inc. now owns 2,558,624 shares of the company’s stock valued at $86,507,000 after acquiring an additional 2,330,619 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 Stock Performance

NASDAQ:COMT opened at $32.21 on Wednesday. The firm’s fifty day moving average is $32.47 and its 200-day moving average is $31.40. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52 week low of $24.24 and a 52 week high of $36.65. The firm has a market cap of $1.17 billion, a P/E ratio of -15.56 and a beta of 0.09.

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.