Strengthening Families & Communities LLC purchased a new stake in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG – Free Report) in the second quarter, HoldingsChannel reports. The firm purchased 1,174 shares of the company’s stock, valued at approximately $26,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Sound Income Strategies LLC bought a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust in the 2nd quarter valued at about $41,000. NBC Securities Inc. increased its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 107,900.0% in the 1st quarter. NBC Securities Inc. now owns 2,160 shares of the company’s stock valued at $49,000 after buying an additional 2,158 shares in the last quarter. Amundi raised its stake in iShares S&P GSCI Commodity-Indexed Trust by 41.5% during the 1st quarter. Amundi now owns 7,500 shares of the company’s stock worth $165,000 after buying an additional 2,200 shares during the period. Golden State Wealth Management LLC lifted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 8,558 shares of the company’s stock worth $195,000 after acquiring an additional 4,279 shares in the last quarter. Finally, Fifth Third Securities Inc. bought a new position in iShares S&P GSCI Commodity-Indexed Trust during the first quarter worth about $205,000. 60.67% of the stock is owned by institutional investors.
iShares S&P GSCI Commodity-Indexed Trust Price Performance
Shares of iShares S&P GSCI Commodity-Indexed Trust stock opened at $22.45 on Friday. iShares S&P GSCI Commodity-Indexed Trust has a 1 year low of $19.86 and a 1 year high of $23.66. The business has a 50-day moving average of $22.68 and a two-hundred day moving average of $22.19. The company has a market capitalization of $1.06 billion, a P/E ratio of 4.78 and a beta of 0.66.
iShares S&P GSCI Commodity-Indexed Trust 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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