27,134 Shares in VanEck Commodity Strategy ETF $PIT Purchased by Ascentis Independent Advisors

Ascentis Independent Advisors acquired a new position in VanEck Commodity Strategy ETF (BATS:PIT) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 27,134 shares of the company’s stock, valued at approximately $1,964,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Van ECK Associates Corp lifted its holdings in shares of VanEck Commodity Strategy ETF by 43.9% during the fourth quarter. Van ECK Associates Corp now owns 900,116 shares of the company’s stock valued at $47,534,000 after purchasing an additional 274,794 shares during the last quarter. Prevail Innovative Wealth Advisors LLC purchased a new stake in shares of VanEck Commodity Strategy ETF in the 4th quarter worth approximately $6,103,000. Saxony Capital Management LLC purchased a new stake in shares of VanEck Commodity Strategy ETF in the 4th quarter worth approximately $729,000. Apollon Wealth Management LLC purchased a new stake in shares of VanEck Commodity Strategy ETF in the 1st quarter worth approximately $387,000. Finally, ORG Partners LLC increased its position in VanEck Commodity Strategy ETF by 11.4% during the 4th quarter. ORG Partners LLC now owns 39,123 shares of the company’s stock valued at $2,068,000 after buying an additional 4,009 shares in the last quarter.

VanEck Commodity Strategy ETF Trading Up 2.3%

Shares of BATS:PIT opened at $67.25 on Tuesday. The stock has a fifty day simple moving average of $72.03 and a two-hundred day simple moving average of $65.91. VanEck Commodity Strategy ETF has a 12-month low of $50.84 and a 12-month high of $78.42.

About VanEck Commodity Strategy ETF

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.