Riverbend Wealth Management LLC Invests $511,000 in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM)

Riverbend Wealth Management LLC acquired a new stake in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 18,010 shares of the company’s stock, valued at approximately $511,000. Riverbend Wealth Management LLC owned approximately 0.19% of Direxion Auspice Broad Commodity Strategy ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV raised its position in Direxion Auspice Broad Commodity Strategy ETF by 9.9% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 73,438 shares of the company’s stock valued at $2,111,000 after purchasing an additional 6,604 shares in the last quarter. Lifeworks Advisors LLC acquired a new stake in Direxion Auspice Broad Commodity Strategy ETF in the third quarter valued at approximately $349,000. Avestar Capital LLC raised its holdings in Direxion Auspice Broad Commodity Strategy ETF by 2.0% in the third quarter. Avestar Capital LLC now owns 68,507 shares of the company’s stock valued at $1,969,000 after acquiring an additional 1,340 shares in the last quarter. Encompass More Asset Management purchased a new position in Direxion Auspice Broad Commodity Strategy ETF in the third quarter worth approximately $3,263,000. Finally, Virtu Financial LLC acquired a new position in Direxion Auspice Broad Commodity Strategy ETF during the 3rd quarter worth approximately $582,000.

Direxion Auspice Broad Commodity Strategy ETF Stock Performance

Shares of COM opened at $28.64 on Tuesday. The firm’s fifty day simple moving average is $28.83 and its 200-day simple moving average is $28.78. Direxion Auspice Broad Commodity Strategy ETF has a twelve month low of $28.03 and a twelve month high of $30.40.

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.