iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Hits New 52-Week High – Here’s What Happened

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) shares reached a new 52-week high on Friday. The stock traded as high as $39.14 and last traded at $39.0590, with a volume of 25,901 shares. The stock had previously closed at $38.33.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Up 1.2%

The stock has a market capitalization of $1.44 billion, a P/E ratio of -18.87 and a beta of 0.11. The business’s 50 day simple moving average is $36.62 and its two-hundred day simple moving average is $34.39.

Institutional Investors Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Centaurus Financial Inc. acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 1st quarter worth about $103,000. Concurrent Investment Advisors LLC acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter valued at about $122,000. Unique Wealth LLC acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter valued at about $124,000. Corient Private Wealth LP acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter valued at about $137,000. Finally, Highland Investment Advisors LLC bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter worth approximately $189,000. Institutional investors and hedge funds own 1.80% of the company’s stock.

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.