Independent Financial Group LLC Invests $538,000 in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Independent Financial Group LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,917 shares of the company’s stock, valued at approximately $538,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COMT. Kingdom Financial Group LLC. purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter worth $30,000. Tucker Asset Management LLC purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter valued at $31,000. Triumph Capital Management purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 3rd quarter valued at $33,000. EFG International AG bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter worth $45,000. Finally, Principia Wealth Advisory LLC lifted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 509.7% in the 4th quarter. Principia Wealth Advisory LLC now owns 2,396 shares of the company’s stock worth $60,000 after purchasing an additional 2,003 shares during the period. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 0.4%

Shares of COMT opened at $33.07 on Thursday. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1-year low of $24.24 and a 1-year high of $36.65. The firm’s 50-day moving average price is $32.74 and its 200-day moving average price is $31.19. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of -15.98 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.