Smart Money Group LLC Decreases Stock Position in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM)

Smart Money Group LLC lowered its position in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) by 6.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 97,136 shares of the company’s stock after selling 6,209 shares during the quarter. Direxion Auspice Broad Commodity Strategy ETF comprises 1.2% of Smart Money Group LLC’s investment portfolio, making the stock its 23rd largest holding. Smart Money Group LLC owned approximately 0.05% of Direxion Auspice Broad Commodity Strategy ETF worth $2,701,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in COM. Kestra Private Wealth Services LLC lifted its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 94.1% in the fourth quarter. Kestra Private Wealth Services LLC now owns 98,560 shares of the company’s stock worth $2,740,000 after buying an additional 47,781 shares in the last quarter. Oliver Lagore Vanvalin Investment Group bought a new position in Direxion Auspice Broad Commodity Strategy ETF in the 4th quarter worth about $1,414,000. International Assets Investment Management LLC bought a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF during the 4th quarter valued at about $450,000. Stratos Investment Management LLC grew its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 80.0% during the fourth quarter. Stratos Investment Management LLC now owns 168,264 shares of the company’s stock worth $4,679,000 after purchasing an additional 74,781 shares in the last quarter. Finally, IRON Financial LLC raised its stake in Direxion Auspice Broad Commodity Strategy ETF by 30.5% in the fourth quarter. IRON Financial LLC now owns 15,669 shares of the company’s stock valued at $436,000 after purchasing an additional 3,663 shares in the last quarter.

Direxion Auspice Broad Commodity Strategy ETF Price Performance

COM stock traded down $0.04 during midday trading on Thursday, reaching $28.90. The company had a trading volume of 26,988 shares, compared to its average volume of 47,225. The firm has a 50-day moving average price of $28.67 and a 200-day moving average price of $28.42. Direxion Auspice Broad Commodity Strategy ETF has a 1 year low of $27.56 and a 1 year high of $31.62.

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.