iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Sees Strong Trading Volume – What’s Next?

Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw an uptick in trading volume on Friday . 196,556 shares changed hands during mid-day trading, an increase of 25% from the previous session’s volume of 157,300 shares.The stock last traded at $25.4960 and had previously closed at $25.42.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

The firm has a market cap of $648.61 million, a P/E ratio of -12.34 and a beta of 0.23. The stock has a fifty day simple moving average of $26.16 and a 200 day simple moving average of $26.37.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $1.9271 per share. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 795.0%. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio is currently -59.90%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Royal Bank of Canada grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 13.6% during the first quarter. Royal Bank of Canada now owns 18,112 shares of the company’s stock valued at $480,000 after buying an additional 2,171 shares during the last quarter. Jane Street Group LLC increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% during the first quarter. Jane Street Group LLC now owns 137,798 shares of the company’s stock worth $3,648,000 after purchasing an additional 4,304 shares in the last quarter. Focus Partners Wealth grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.3% during the first quarter. Focus Partners Wealth now owns 274,387 shares of the company’s stock worth $7,263,000 after acquiring an additional 3,415 shares during the last quarter. Aletheian Wealth Advisors LLC raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 30.5% in the second quarter. Aletheian Wealth Advisors LLC now owns 59,518 shares of the company’s stock worth $1,539,000 after buying an additional 13,914 shares during the last quarter. Finally, Alhambra Investment Management LLC boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 2.5% in the second quarter. Alhambra Investment Management LLC now owns 79,965 shares of the company’s stock valued at $2,067,000 after buying an additional 1,984 shares during the last quarter. Institutional investors own 1.80% of the company’s stock.

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.