Truist Financial Corp Has $5.44 Million Stake in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Truist Financial Corp cut its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 37.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 218,350 shares of the company’s stock after selling 131,583 shares during the period. Truist Financial Corp owned approximately 0.87% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $5,436,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 3rd quarter worth $33,000. Advisory Services Network LLC acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 3rd quarter worth $63,000. Farther Finance Advisors LLC boosted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 39.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,627 shares of the company’s stock worth $65,000 after purchasing an additional 744 shares during the period. Raymond James Financial Inc. acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 2nd quarter worth $216,000. Finally, Park Avenue Securities LLC acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter worth $215,000. 1.80% of the stock is owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

Shares of NASDAQ COMT opened at $34.58 on Monday. The firm has a market cap of $1.11 billion, a PE ratio of -16.71 and a beta of 0.10. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1-year low of $24.24 and a 1-year high of $36.51. The company has a fifty day moving average price of $32.85 and a 200 day moving average price of $28.68.

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.