Kestra Advisory Services LLC purchased a new stake in shares of VanEck Commodity Strategy ETF (BATS:PIT – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,161 shares of the company’s stock, valued at approximately $808,000. Kestra Advisory Services LLC owned approximately 1.59% of VanEck Commodity Strategy ETF at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Tucker Asset Management LLC purchased a new stake in VanEck Commodity Strategy ETF during the 4th quarter valued at about $104,000. Apollon Wealth Management LLC bought a new position in shares of VanEck Commodity Strategy ETF in the first quarter worth approximately $387,000. Breakwater Investment Management lifted its stake in shares of VanEck Commodity Strategy ETF by 6.2% in the fourth quarter. Breakwater Investment Management now owns 12,220 shares of the company’s stock worth $645,000 after buying an additional 711 shares in the last quarter. Saxony Capital Management LLC purchased a new stake in shares of VanEck Commodity Strategy ETF during the fourth quarter valued at approximately $729,000. Finally, Ascentis Independent Advisors bought a new stake in shares of VanEck Commodity Strategy ETF during the first quarter valued at approximately $1,964,000.
VanEck Commodity Strategy ETF Stock Down 1.1%
PIT stock opened at $74.67 on Friday. VanEck Commodity Strategy ETF has a 12-month low of $50.84 and a 12-month high of $78.42. The stock’s 50 day simple moving average is $70.83 and its 200 day simple moving average is $67.55.
VanEck Commodity Strategy ETF Profile
The VanEck Commodity Strategy ETF (PIT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund that invests in commodity securities from the energy, precious metals, industrial metals, agriculture and livestock sectors. The fund uses an optimized process to maximize risk-adjusted returns. PIT was launched on Dec 20, 2022 and is managed by VanEck.
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