Commonwealth Equity Services LLC Reduces Stake in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM)

Commonwealth Equity Services LLC cut its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) by 6.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 94,871 shares of the company’s stock after selling 6,105 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Direxion Auspice Broad Commodity Strategy ETF were worth $2,687,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. HighTower Advisors LLC lifted its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 2.9% in the 4th quarter. HighTower Advisors LLC now owns 471,606 shares of the company’s stock valued at $13,356,000 after buying an additional 13,231 shares during the period. Global View Capital Management LLC acquired a new position in Direxion Auspice Broad Commodity Strategy ETF in the fourth quarter valued at approximately $6,454,000. Riverbend Wealth Management LLC purchased a new stake in Direxion Auspice Broad Commodity Strategy ETF in the 4th quarter worth approximately $511,000. Raymond James Financial Inc. acquired a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF during the 4th quarter worth approximately $261,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Direxion Auspice Broad Commodity Strategy ETF during the 4th quarter valued at approximately $72,000.

Direxion Auspice Broad Commodity Strategy ETF Trading Up 0.0 %

COM opened at $29.16 on Thursday. The firm has a fifty day moving average price of $28.97 and a 200 day moving average price of $28.82. Direxion Auspice Broad Commodity Strategy ETF has a 1 year low of $28.03 and a 1 year high of $30.40.

Direxion Auspice Broad Commodity Strategy ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be paid a dividend of $0.2543 per share. The ex-dividend date is Tuesday, March 25th.

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.