iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Sees Large Volume Increase – Time to Buy?

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw unusually-high trading volume on Tuesday . Approximately 305,930 shares traded hands during trading, an increase of 112% from the previous session’s volume of 144,592 shares.The stock last traded at $26.09 and had previously closed at $26.06.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

The business has a 50-day simple moving average of $25.87 and a 200-day simple moving average of $26.04. The firm has a market capitalization of $705.78 million, a PE ratio of -12.63 and a beta of 0.53.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The business also recently declared 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 presently -59.90%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. 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 in the last quarter. Cerity Partners LLC grew its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.2% during the third quarter. Cerity Partners LLC now owns 62,807 shares of the company’s stock worth $1,627,000 after acquiring an additional 742 shares during the period. International Assets Investment Management LLC increased its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 2,285.4% during the 3rd quarter. International Assets Investment Management LLC now owns 47,493 shares of the company’s stock valued at $1,231,000 after purchasing an additional 45,502 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 41,857.1% during the 2nd quarter. NewEdge Advisors LLC now owns 202,653 shares of the company’s stock worth $5,534,000 after acquiring an additional 202,170 shares in the last quarter. Finally, EWG Elevate Inc. increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 9.5% in the third quarter. EWG Elevate Inc. now owns 23,239 shares of the company’s stock valued at $602,000 after buying an additional 2,018 shares in the last quarter. 1.80% of the stock is currently owned by hedge funds and other institutional investors.

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.