Pitcairn Co. Decreases Stake in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM)

Pitcairn Co. trimmed its stake in shares of Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) by 1.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,891,947 shares of the company’s stock after selling 32,210 shares during the quarter. Direxion Auspice Broad Commodity Strategy ETF makes up about 3.2% of Pitcairn Co.’s portfolio, making the stock its 3rd largest holding. Pitcairn Co. owned about 0.20% of Direxion Auspice Broad Commodity Strategy ETF worth $53,580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB acquired a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF during the third quarter valued at about $40,000. SBI Securities Co. Ltd. bought a new position in Direxion Auspice Broad Commodity Strategy ETF in the 4th quarter valued at approximately $72,000. JPMorgan Chase & Co. acquired a new stake in Direxion Auspice Broad Commodity Strategy ETF during the 4th quarter worth approximately $192,000. GWN Securities Inc. acquired a new position in Direxion Auspice Broad Commodity Strategy ETF in the 4th quarter valued at approximately $208,000. Finally, Creative Financial Designs Inc. ADV increased its position in Direxion Auspice Broad Commodity Strategy ETF by 16.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 8,944 shares of the company’s stock valued at $253,000 after acquiring an additional 1,292 shares during the period.

Direxion Auspice Broad Commodity Strategy ETF Trading Up 0.3 %

Shares of NYSEARCA:COM opened at $29.44 on Thursday. Direxion Auspice Broad Commodity Strategy ETF has a 52 week low of $28.16 and a 52 week high of $30.40. The firm’s fifty day moving average is $29.01 and its 200-day moving average is $28.84.

Direxion Auspice Broad Commodity Strategy ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.2543 per share. The ex-dividend date was Tuesday, March 25th.

Direxion Auspice Broad Commodity Strategy ETF Company 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.