iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Sees Unusually-High Trading Volume

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw unusually-strong trading volume on Monday . Approximately 1,023,703 shares changed hands during mid-day trading, an increase of 332% from the previous session’s volume of 237,023 shares.The stock last traded at $25.57 and had previously closed at $25.75.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

The firm has a 50-day moving average of $27.03 and a 200-day moving average of $26.75. The stock has a market cap of $929.25 million, a PE ratio of -12.35 and a beta of 0.53.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Triumph Capital Management grew its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.9% in the 1st quarter. Triumph Capital Management now owns 21,679 shares of the company’s stock worth $589,000 after acquiring an additional 401 shares in the last quarter. World Equity Group Inc. increased its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.6% during the 2nd quarter. World Equity Group Inc. now owns 25,475 shares of the company’s stock worth $696,000 after purchasing an additional 408 shares during the period. Northwest Wealth Management LLC raised its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 4.1% during the 4th quarter. Northwest Wealth Management LLC now owns 10,575 shares of the company’s stock valued at $265,000 after purchasing an additional 414 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 4.5% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 9,850 shares of the company’s stock worth $247,000 after buying an additional 421 shares in the last quarter. Finally, EWG Elevate Inc. lifted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.4% during the second quarter. EWG Elevate Inc. now owns 21,221 shares of the company’s stock valued at $580,000 after buying an additional 691 shares during the last quarter. Hedge funds and other institutional investors own 1.80% of the company’s stock.

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.