Bank of America Corp DE Raises Stock Position in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Bank of America Corp DE boosted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 47.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,267,032 shares of the company’s stock after purchasing an additional 1,050,824 shares during the period. Bank of America Corp DE owned about 0.10% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $110,458,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of COMT. Kingdom Financial Group LLC. acquired a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter valued at approximately $30,000. Tucker Asset Management LLC acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter valued at about $31,000. Triumph Capital Management purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the third quarter valued at about $33,000. EFG International AG acquired a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter worth about $45,000. Finally, Principia Wealth Advisory LLC raised its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 509.7% during the fourth 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. 1.80% of the stock is owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

Shares of NASDAQ COMT opened at $32.56 on Friday. The company has a 50 day simple moving average of $32.13 and a 200-day simple moving average of $31.74. The company has a market capitalization of $1.19 billion, a P/E ratio of -15.73 and a beta of 0.08. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1 year low of $24.24 and a 1 year high of $36.65.

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.