Financial Services Advisory Inc Lowers Holdings in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM)

Financial Services Advisory Inc reduced its stake in shares of Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) by 1.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 181,388 shares of the company’s stock after selling 2,596 shares during the period. Direxion Auspice Broad Commodity Strategy ETF accounts for 1.3% of Financial Services Advisory Inc’s portfolio, making the stock its 20th largest position. Financial Services Advisory Inc’s holdings in Direxion Auspice Broad Commodity Strategy ETF were worth $5,213,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of COM. Janney Montgomery Scott LLC purchased a new position in shares of Direxion Auspice Broad Commodity Strategy ETF in the 1st quarter worth about $491,000. Commonwealth Equity Services LLC raised its holdings in Direxion Auspice Broad Commodity Strategy ETF by 7.4% in the second quarter. Commonwealth Equity Services LLC now owns 104,767 shares of the company’s stock valued at $3,029,000 after buying an additional 7,233 shares during the period. Petra Financial Advisors Inc. lifted its position in Direxion Auspice Broad Commodity Strategy ETF by 1.2% during the third quarter. Petra Financial Advisors Inc. now owns 59,914 shares of the company’s stock valued at $1,722,000 after buying an additional 715 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its stake in Direxion Auspice Broad Commodity Strategy ETF by 4.9% during the second quarter. Nations Financial Group Inc. IA ADV now owns 66,834 shares of the company’s stock worth $1,932,000 after buying an additional 3,104 shares during the period. Finally, Burke & Herbert Bank & Trust Co. acquired a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF in the second quarter worth $807,000.

Direxion Auspice Broad Commodity Strategy ETF Price Performance

Shares of COM stock opened at $28.80 on Thursday. The company’s fifty day simple moving average is $28.83 and its 200-day simple moving average is $29.02. Direxion Auspice Broad Commodity Strategy ETF has a 52 week low of $27.56 and a 52 week high of $30.40.

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.