Lifeworks Advisors LLC Acquires New Stake in iShares S&P GSCI Commodity-Indexed Trust $GSG

Lifeworks Advisors LLC acquired a new position in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) in the first quarter, HoldingsChannel.com reports. The fund acquired 337,979 shares of the company’s stock, valued at approximately $10,900,000. iShares S&P GSCI Commodity-Indexed Trust makes up about 1.4% of Lifeworks Advisors LLC’s holdings, making the stock its 11th largest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sumitomo Life Insurance Co. acquired a new position in shares of iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter worth about $40,283,000. Quent Long Short Global Small Cap Fund LP acquired a new stake in iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter valued at about $19,222,000. Northwestern Mutual Wealth Management Co. lifted its position in iShares S&P GSCI Commodity-Indexed Trust by 1,678.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 641,500 shares of the company’s stock valued at $14,793,000 after purchasing an additional 605,422 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 548.8% in the 4th quarter. JPMorgan Chase & Co. now owns 597,191 shares of the company’s stock valued at $13,771,000 after purchasing an additional 505,140 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 71.0% in the 3rd quarter. Bank of America Corp DE now owns 780,032 shares of the company’s stock valued at $17,917,000 after purchasing an additional 323,907 shares in the last quarter. Hedge funds and other institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Stock Performance

NYSEARCA GSG opened at $29.46 on Monday. The stock has a market capitalization of $917.68 million, a price-to-earnings ratio of 4.78 and a beta of 0.04. The business’s 50 day moving average is $31.36 and its two-hundred day moving average is $28.92. iShares S&P GSCI Commodity-Indexed Trust has a 12-month low of $21.93 and a 12-month high of $34.94.

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. The Trust is a commodity pool.