MML Investors Services LLC Cuts Stock Holdings in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM)

MML Investors Services LLC reduced its position in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) by 7.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,355 shares of the company’s stock after selling 2,013 shares during the period. MML Investors Services LLC owned about 0.27% of Direxion Auspice Broad Commodity Strategy ETF worth $729,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in COM. Toronto Dominion Bank bought a new position in Direxion Auspice Broad Commodity Strategy ETF during the second quarter valued at approximately $31,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 8.5% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 7,652 shares of the company’s stock valued at $220,000 after buying an additional 597 shares during the period. BKM Wealth Management LLC grew its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 28.9% in the third quarter. BKM Wealth Management LLC now owns 8,956 shares of the company’s stock worth $257,000 after acquiring an additional 2,006 shares during the period. Lifeworks Advisors LLC purchased a new stake in Direxion Auspice Broad Commodity Strategy ETF during the third quarter valued at $349,000. Finally, Petra Financial Advisors Inc. lifted its holdings in Direxion Auspice Broad Commodity Strategy ETF by 1.2% in the third quarter. Petra Financial Advisors Inc. now owns 59,914 shares of the company’s stock valued at $1,722,000 after acquiring an additional 715 shares during the period.

Direxion Auspice Broad Commodity Strategy ETF Stock Performance

Direxion Auspice Broad Commodity Strategy ETF stock opened at $28.44 on Friday. Direxion Auspice Broad Commodity Strategy ETF has a 52-week low of $27.56 and a 52-week high of $30.40. The business has a 50-day simple moving average of $28.81 and a two-hundred day simple moving average of $28.84.

Direxion Auspice Broad Commodity Strategy ETF Profile

The Direxion Auspice Broad Commodity Strategy ETF (COM) is an exchange-traded fund that is based on the Auspice Broad Commodity index. The fund tracks a broad-market index consisting of 12 commodity futures contracts, weighted by historical volatility, which can toggle to cash based on momentum. The fund will also hold short-term fixed income securities as collateral.