TAP Consulting LLC Acquires Shares of 102,562 iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

TAP Consulting LLC purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 102,562 shares of the company’s stock, valued at approximately $2,571,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Crewe Advisors LLC acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 3rd quarter valued at approximately $46,000. Spire Wealth Management lifted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 55.2% in the 3rd quarter. Spire Wealth Management now owns 1,906 shares of the company’s stock worth $56,000 after purchasing an additional 678 shares during the period. ORG Partners LLC lifted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 180.5% in the 4th quarter. ORG Partners LLC now owns 2,527 shares of the company’s stock valued at $64,000 after purchasing an additional 1,626 shares during the period. Advisors Preferred LLC acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 3rd quarter valued at $79,000. Finally, Assetmark Inc. grew its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 156.4% in the third quarter. Assetmark Inc. now owns 4,764 shares of the company’s stock valued at $139,000 after acquiring an additional 2,906 shares during the period. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF stock traded up $0.15 during trading hours on Thursday, reaching $27.81. The company’s stock had a trading volume of 1,434,230 shares, compared to its average volume of 189,925. 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 capitalization of $692.47 million, a P/E ratio of -13.43 and a beta of 0.53. The stock’s fifty day simple moving average is $26.74 and its two-hundred day simple moving average is $26.66.

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.