Brookstone Capital Management Sells 39,690 Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Brookstone Capital Management lowered its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT – Get Rating) by 29.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,568 shares of the company’s stock after selling 39,690 shares during the quarter. Brookstone Capital Management’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $2,518,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV increased its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 24.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 168,597 shares of the company’s stock valued at $6,022,000 after acquiring an additional 33,616 shares in the last quarter. UBS Group AG increased its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 20.5% in the 2nd quarter. UBS Group AG now owns 1,297,863 shares of the company’s stock valued at $53,134,000 after acquiring an additional 221,232 shares in the last quarter. Kingsview Wealth Management LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 2nd quarter valued at $1,214,000. First National Bank of South Miami grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.4% in the 3rd quarter. First National Bank of South Miami now owns 57,210 shares of the company’s stock valued at $2,044,000 after purchasing an additional 1,890 shares during the period. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 985.8% in the 3rd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 1,379 shares of the company’s stock valued at $49,000 after purchasing an additional 1,252 shares during the period. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Down 0.6 %

NASDAQ COMT opened at $25.61 on Friday. The company has a fifty day simple moving average of $27.49 and a 200 day simple moving average of $32.71. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12-month low of $25.28 and a 12-month high of $46.28. The company has a market cap of $1.03 billion, a P/E ratio of -12.37 and a beta of 0.54.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

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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.