Quent Capital LLC Grows Position in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG)

Quent Capital LLC grew its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 9.4% in the first quarter, HoldingsChannel.com reports. The fund owned 554,181 shares of the company’s stock after purchasing an additional 47,658 shares during the period. iShares S&P GSCI Commodity-Indexed Trust accounts for about 1.3% of Quent Capital LLC’s investment portfolio, making the stock its 17th largest holding. Quent Capital LLC’s holdings in iShares S&P GSCI Commodity-Indexed Trust were worth $12,619,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Aurdan Capital Management LLC purchased a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter worth about $230,000. Sunbelt Securities Inc. bought a new stake in iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter worth approximately $50,000. Deutsche Bank AG boosted its stake in iShares S&P GSCI Commodity-Indexed Trust by 130.2% in the fourth quarter. Deutsche Bank AG now owns 645,356 shares of the company’s stock worth $14,049,000 after buying an additional 364,985 shares in the last quarter. Stifel Financial Corp boosted its stake in iShares S&P GSCI Commodity-Indexed Trust by 8.7% in the fourth quarter. Stifel Financial Corp now owns 45,507 shares of the company’s stock worth $991,000 after buying an additional 3,642 shares in the last quarter. Finally, Generation Capital Management LLC bought a new position in iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter valued at approximately $1,059,000. Hedge funds and other institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Stock Performance

Shares of GSG opened at $21.26 on Friday. iShares S&P GSCI Commodity-Indexed Trust has a fifty-two week low of $19.73 and a fifty-two week high of $23.32. The firm has a market cap of $895.05 million, a price-to-earnings ratio of 4.78 and a beta of 0.32. The firm has a 50 day moving average price of $21.44 and a 200-day moving average price of $21.81.

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.