Hsbc Holdings PLC Has $1.28 Million Position in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Hsbc Holdings PLC boosted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 108.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,312 shares of the company’s stock after purchasing an additional 26,639 shares during the quarter. Hsbc Holdings PLC owned about 0.20% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $1,277,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 5,659.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,606,153 shares of the company’s stock valued at $114,670,000 after buying an additional 4,526,175 shares during the last quarter. TRUE Private Wealth Advisors boosted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.9% during the third quarter. TRUE Private Wealth Advisors now owns 672,791 shares of the company’s stock valued at $18,064,000 after acquiring an additional 25,153 shares during the period. Vontobel Holding Ltd. grew its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 186.1% in the fourth quarter. Vontobel Holding Ltd. now owns 601,900 shares of the company’s stock valued at $14,984,000 after purchasing an additional 391,500 shares during the last quarter. SkyView Investment Advisors LLC acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter valued at about $11,722,000. Finally, Focus Partners Wealth increased its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 14.4% in the fourth quarter. Focus Partners Wealth now owns 324,202 shares of the company’s stock worth $8,071,000 after purchasing an additional 40,698 shares during the period. Institutional investors and hedge funds own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 0.8%

COMT opened at $30.13 on Thursday. The stock’s 50 day moving average price is $33.70 and its two-hundred day moving average price is $30.47. The firm has a market capitalization of $967.17 million, a P/E ratio of -14.56 and a beta of 0.07. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12-month low of $24.24 and a 12-month high of $36.65.

iShares GSCI Commodity Dynamic Roll Strategy ETF 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.