VanEck Commodity Strategy ETF (BATS:PIT) Shares Sold by Van ECK Associates Corp

Van ECK Associates Corp trimmed its position in VanEck Commodity Strategy ETF (BATS:PIT) by 2.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 335,773 shares of the company’s stock after selling 6,740 shares during the quarter. Van ECK Associates Corp owned about 67.15% of VanEck Commodity Strategy ETF worth $16,617,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Flow Traders U.S. LLC purchased a new stake in shares of VanEck Commodity Strategy ETF during the 1st quarter valued at approximately $3,254,000. ORG Partners LLC purchased a new stake in VanEck Commodity Strategy ETF in the second quarter valued at $1,343,000. Finally, Sheets Smith Wealth Management lifted its stake in shares of VanEck Commodity Strategy ETF by 40.5% in the 1st quarter. Sheets Smith Wealth Management now owns 12,471 shares of the company’s stock valued at $614,000 after purchasing an additional 3,597 shares during the last quarter.

VanEck Commodity Strategy ETF Price Performance

BATS PIT opened at $47.48 on Monday. The business’s fifty day simple moving average is $48.54 and its two-hundred day simple moving average is $48.81.

VanEck Commodity Strategy ETF Company Profile

The VanEck Commodity Strategy ETF (PIT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund that invests in commodity securities from the energy, precious metals, industrial metals, agriculture and livestock sectors. The fund uses an optimized process to maximize risk-adjusted returns.