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

Smart Money Group LLC cut its holdings in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) by 6.0% in the fourth quarter, according to the company in its most recent disclosure 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 holdings, making the stock its 23rd largest position. Smart Money Group LLC owned 5.11% of Direxion Auspice Broad Commodity Strategy ETF worth $2,701,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Wolff Wiese Magana LLC grew its stake in Direxion Auspice Broad Commodity Strategy ETF by 12.1% during the 3rd quarter. Wolff Wiese Magana LLC now owns 7,724 shares of the company’s stock valued at $229,000 after purchasing an additional 835 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 1.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 87,587 shares of the company’s stock valued at $2,600,000 after acquiring an additional 1,226 shares during the last quarter. Ifrah Financial Services Inc. increased its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 1.2% in the third quarter. Ifrah Financial Services Inc. now owns 117,212 shares of the company’s stock worth $3,480,000 after acquiring an additional 1,409 shares during the period. Janney Montgomery Scott LLC lifted its position in Direxion Auspice Broad Commodity Strategy ETF by 14.4% during the third quarter. Janney Montgomery Scott LLC now owns 13,168 shares of the company’s stock valued at $391,000 after purchasing an additional 1,659 shares during the period. Finally, Rooted Wealth Advisors Inc. boosted its holdings in Direxion Auspice Broad Commodity Strategy ETF by 16.5% in the third quarter. Rooted Wealth Advisors Inc. now owns 24,242 shares of the company’s stock valued at $695,000 after purchasing an additional 3,430 shares during the last quarter.

Direxion Auspice Broad Commodity Strategy ETF Stock Performance

Shares of NYSEARCA COM traded down $0.04 during trading on Thursday, reaching $28.90. 26,988 shares of the company traded hands, compared to its average volume of 47,225. The firm’s fifty day simple moving average is $28.67 and its 200 day simple moving average is $28.42. Direxion Auspice Broad Commodity Strategy ETF has a 12-month low of $27.56 and a 12-month 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.