iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG – Get Free Report) saw unusually-high trading volume on Monday . Approximately 193,562 shares were traded during mid-day trading, a decline of 36% from the previous session’s volume of 303,344 shares.The stock last traded at $22.19 and had previously closed at $21.95.
iShares S&P GSCI Commodity-Indexed Trust Price Performance
The company’s fifty day moving average is $21.31 and its two-hundred day moving average is $21.33.
Institutional Investors Weigh In On iShares S&P GSCI Commodity-Indexed Trust
Several hedge funds have recently added to or reduced their stakes in the business. First Commonwealth Financial Corp PA raised its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 11.3% during the 3rd quarter. First Commonwealth Financial Corp PA now owns 13,867 shares of the company’s stock valued at $291,000 after buying an additional 1,412 shares during the last quarter. M Holdings Securities Inc. raised its position in iShares S&P GSCI Commodity-Indexed Trust by 154.1% during the third quarter. M Holdings Securities Inc. now owns 45,752 shares of the company’s stock valued at $961,000 after acquiring an additional 27,743 shares in the last quarter. Moors & Cabot Inc. lifted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 6.2% in the third quarter. Moors & Cabot Inc. now owns 34,228 shares of the company’s stock valued at $719,000 after acquiring an additional 1,997 shares during the period. Assetmark Inc. boosted its position in iShares S&P GSCI Commodity-Indexed Trust by 81.0% in the 3rd quarter. Assetmark Inc. now owns 11,637 shares of the company’s stock worth $244,000 after purchasing an additional 5,209 shares in the last quarter. Finally, US Bancorp DE grew its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 1,469.9% during the 3rd quarter. US Bancorp DE now owns 7,457 shares of the company’s stock worth $157,000 after purchasing an additional 6,982 shares during the period. 60.67% of the stock is owned by hedge funds and other institutional investors.
iShares S&P GSCI Commodity-Indexed Trust Company Profile
iShares S&P GSCI Commodity-Indexed Trust (The Trust) is an investment trust that issues units of beneficial interest (shares) representing fractional undivided beneficial interests in its net assets. The Trust’s objective is to track the results of a fully collateralized investment in futures contracts on an index composed of a diversified group of commodities futures and to track the investment returns of the index before payment of the Trust’s expenses and liabilities.
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