Evolution Wealth Advisors LLC Cuts Stock Holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Evolution Wealth Advisors LLC cut its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 0.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 233,411 shares of the company’s stock after selling 1,320 shares during the quarter. iShares GSCI Commodity Dynamic Roll Strategy ETF makes up 1.1% of Evolution Wealth Advisors LLC’s holdings, making the stock its 21st biggest holding. Evolution Wealth Advisors LLC’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $6,048,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in COMT. Truist Financial Corp acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter valued at approximately $68,420,000. Envestnet Asset Management Inc. lifted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 895.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 968,185 shares of the company’s stock valued at $26,441,000 after acquiring an additional 870,930 shares in the last quarter. Axiom Advisory LLC boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 11.4% during the 3rd quarter. Axiom Advisory LLC now owns 5,530,030 shares of the company’s stock worth $144,969,000 after purchasing an additional 564,318 shares during the period. Carrera Capital Advisors acquired a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 2nd quarter valued at $6,490,000. Finally, NewEdge Advisors LLC lifted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 41,857.1% during the second quarter. NewEdge Advisors LLC now owns 202,653 shares of the company’s stock worth $5,534,000 after purchasing an additional 202,170 shares in 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

iShares GSCI Commodity Dynamic Roll Strategy ETF stock opened at $25.47 on Friday. iShares GSCI Commodity Dynamic Roll Strategy ETF has a one year low of $24.14 and a one year high of $28.22. The stock’s 50 day moving average price is $26.11 and its 200 day moving average price is $26.54. The firm has a market capitalization of $843.06 million, a PE ratio of -12.30 and a beta of 0.53.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

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.