iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Sees Unusually-High Trading Volume – Here’s What Happened

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) shares saw unusually-strong trading volume on Wednesday . Approximately 175,201 shares were traded during mid-day trading, an increase of 23% from the previous session’s volume of 142,294 shares.The stock last traded at $26.47 and had previously closed at $26.52.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Down 0.1 %

The stock has a market cap of $715.64 million, a PE ratio of -12.80 and a beta of 0.53. The business has a 50 day moving average of $25.82 and a 200-day moving average of $26.08.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $1.2401 per share. The ex-dividend date of this dividend was Tuesday, December 17th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio is -59.90%.

Institutional Investors Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

Several hedge funds have recently bought and sold shares of the stock. Aptus Capital Advisors LLC bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the third quarter valued at $86,000. Sanctuary Advisors LLC purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter worth about $220,000. Mercer Global Advisors Inc. ADV boosted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 29.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 10,891 shares of the company’s stock worth $297,000 after purchasing an additional 2,500 shares during the last quarter. Creative Planning boosted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 22.8% in the third quarter. Creative Planning now owns 12,675 shares of the company’s stock valued at $328,000 after acquiring an additional 2,350 shares during the last quarter. Finally, Prosperity Planning Inc. lifted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 5.0% during the 3rd quarter. Prosperity Planning Inc. now owns 19,850 shares of the company’s stock valued at $514,000 after buying an additional 944 shares in the last quarter. 1.80% of the stock is currently owned by institutional investors and hedge funds.

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.