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

Hsbc Holdings PLC raised its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 108.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 51,312 shares of the company’s stock after buying an additional 26,639 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $1,277,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Royal Bank of Canada raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 13.6% during the first quarter. Royal Bank of Canada now owns 18,112 shares of the company’s stock worth $480,000 after acquiring an additional 2,171 shares during the period. Jane Street Group LLC lifted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% in the first quarter. Jane Street Group LLC now owns 137,798 shares of the company’s stock valued at $3,648,000 after purchasing an additional 4,304 shares in the last quarter. Creative Planning acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter worth about $323,000. Baird Financial Group Inc. boosted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 6.9% during the second quarter. Baird Financial Group Inc. now owns 53,265 shares of the company’s stock worth $1,377,000 after buying an additional 3,424 shares during the period. Finally, Cerity Partners LLC boosted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 30.8% during the second quarter. Cerity Partners LLC now owns 51,156 shares of the company’s stock worth $1,322,000 after buying an additional 12,053 shares during the period. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

NASDAQ:COMT opened at $31.37 on Monday. The company has a market cap of $1.13 billion, a PE ratio of -15.15 and a beta of 0.09. The stock has a 50-day simple moving average of $33.19 and a 200 day simple moving average of $30.76. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52-week low of $24.24 and a 52-week 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.