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

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw unusually-strong trading volume on Monday . Approximately 1,089,360 shares changed hands during mid-day trading, an increase of 591% from the previous session’s volume of 157,693 shares.The stock last traded at $26.19 and had previously closed at $26.16.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

The stock has a market cap of $711.78 million, a P/E ratio of -12.69 and a beta of 0.53. The stock’s 50-day moving average is $25.87 and its two-hundred day moving average is $26.02.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $1.2401 per share. The ex-dividend date was Tuesday, December 17th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s payout ratio is -59.90%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Creative Planning lifted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 22.8% during the third quarter. Creative Planning now owns 12,675 shares of the company’s stock valued at $328,000 after purchasing an additional 2,350 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.2% in the 3rd quarter. Cerity Partners LLC now owns 62,807 shares of the company’s stock valued at $1,627,000 after acquiring an additional 742 shares during the last quarter. International Assets Investment Management LLC grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 2,285.4% in the third quarter. International Assets Investment Management LLC now owns 47,493 shares of the company’s stock worth $1,231,000 after acquiring an additional 45,502 shares in the last quarter. EWG Elevate Inc. increased its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 9.5% during the third quarter. EWG Elevate Inc. now owns 23,239 shares of the company’s stock worth $602,000 after acquiring an additional 2,018 shares during the last quarter. Finally, Prosperity Planning Inc. raised its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 5.0% during the third quarter. Prosperity Planning Inc. now owns 19,850 shares of the company’s stock valued at $514,000 after purchasing an additional 944 shares during the period. 1.80% of the stock is currently owned by institutional investors.

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.