Wealth Alliance LLC Takes Position in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Wealth Alliance LLC purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 99,059 shares of the company’s stock, valued at approximately $2,561,000. Wealth Alliance LLC owned approximately 0.42% of iShares GSCI Commodity Dynamic Roll Strategy ETF at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of COMT. Cerity Partners LLC increased its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 35.7% during the 1st quarter. Cerity Partners LLC now owns 39,103 shares of the company’s stock worth $1,035,000 after acquiring an additional 10,287 shares during the period. Pettinga Financial Advisors LLC increased its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 209.6% in the first quarter. Pettinga Financial Advisors LLC now owns 55,754 shares of the company’s stock worth $1,476,000 after purchasing an additional 37,746 shares during the period. VCI Wealth Management LLC raised its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.9% in the first quarter. VCI Wealth Management LLC now owns 180,093 shares of the company’s stock worth $4,767,000 after buying an additional 6,719 shares in the last quarter. AE Wealth Management LLC boosted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 177.8% during the first quarter. AE Wealth Management LLC now owns 11,011 shares of the company’s stock valued at $291,000 after buying an additional 7,047 shares during the period. Finally, Avantax Advisory Services Inc. boosted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 10.2% during the first quarter. Avantax Advisory Services Inc. now owns 13,501 shares of the company’s stock valued at $357,000 after buying an additional 1,250 shares during the period. 1.80% of the stock is currently owned by institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Up 0.8%

Shares of NASDAQ COMT opened at $27.38 on Wednesday. The firm has a market capitalization of $648.91 million, a P/E ratio of -13.23 and a beta of 0.23. The stock’s 50-day simple moving average is $26.77 and its two-hundred day simple moving average is $26.21. iShares GSCI Commodity Dynamic Roll Strategy ETF has a twelve month low of $23.11 and a twelve month high of $27.62.

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.