Bay Colony Advisory Group Inc d b a Bay Colony Advisors Acquires 421 Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 4.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,850 shares of the company’s stock after purchasing an additional 421 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $247,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in COMT. JPMorgan Chase & Co. grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 62.9% in the first quarter. JPMorgan Chase & Co. now owns 47,961 shares of the company’s stock valued at $1,921,000 after purchasing an additional 18,527 shares in the last quarter. Raymond James & Associates bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the first quarter valued at $327,000. Bank of New York Mellon Corp grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 29.9% in the first quarter. Bank of New York Mellon Corp now owns 791,231 shares of the company’s stock valued at $31,689,000 after purchasing an additional 182,335 shares in the last quarter. PNC Financial Services Group Inc. grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 157.3% in the first quarter. PNC Financial Services Group Inc. now owns 898 shares of the company’s stock valued at $36,000 after purchasing an additional 549 shares in the last quarter. Finally, BlackRock Inc. grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 27.2% in the first quarter. BlackRock Inc. now owns 3,935,005 shares of the company’s stock valued at $157,597,000 after purchasing an additional 842,486 shares in the last quarter. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

Shares of COMT opened at $27.79 on Wednesday. The firm has a 50-day moving average of $26.48 and a 200-day moving average of $26.67. iShares GSCI Commodity Dynamic Roll Strategy ETF has a one year low of $24.14 and a one year high of $29.82. The company has a market cap of $672.52 million, a PE ratio of -13.43 and a beta of 0.53.

iShares GSCI Commodity Dynamic Roll Strategy ETF 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.