Truist Financial Corp Invests $68.42 Million in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Truist Financial Corp bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,505,305 shares of the company’s stock, valued at approximately $68,420,000. Truist Financial Corp owned about 0.07% of iShares GSCI Commodity Dynamic Roll Strategy ETF at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Larson Financial Group LLC purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter valued at $46,000. International Assets Investment Management LLC bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the second quarter valued at about $54,000. Scarborough Advisors LLC bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter valued at about $165,000. Napatree Capital LLC bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter valued at about $216,000. Finally, Northwest Wealth Management LLC lifted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 4.1% in the fourth quarter. Northwest Wealth Management LLC now owns 10,575 shares of the company’s stock valued at $265,000 after acquiring an additional 414 shares during the period. 1.80% of the stock is owned by hedge funds and other institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

COMT stock opened at $26.32 on Wednesday. iShares GSCI Commodity Dynamic Roll Strategy ETF has a fifty-two week low of $24.14 and a fifty-two week high of $29.46. The business’s 50-day moving average is $25.89 and its two-hundred day moving average is $26.77. The company has a market cap of $952.78 million, a price-to-earnings ratio of -12.71 and a beta of 0.53.

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.