iShares S&P GSCI Commodity Indexed Trust (NYSEARCA:GSG) Sees Strong Trading Volume

iShares S&P GSCI Commodity Indexed Trust (NYSEARCA:GSGGet Rating) shares saw unusually-strong trading volume on Tuesday . Approximately 39,310 shares were traded during trading, a decline of 96% from the previous session’s volume of 1,064,385 shares.The stock last traded at $21.59 and had previously closed at $21.40.

iShares S&P GSCI Commodity Indexed Trust Trading Down 1.9 %

The stock has a fifty day moving average price of $21.71 and a two-hundred day moving average price of $22.73.

Institutional Investors Weigh In On iShares S&P GSCI Commodity Indexed Trust

A number of hedge funds and other institutional investors have recently modified their holdings of GSG. International Assets Investment Management LLC bought a new position in shares of iShares S&P GSCI Commodity Indexed Trust in the first quarter worth $202,000. Envestnet Asset Management Inc. increased its position in shares of iShares S&P GSCI Commodity Indexed Trust by 92.4% in the first quarter. Envestnet Asset Management Inc. now owns 634,486 shares of the company’s stock worth $14,371,000 after purchasing an additional 304,766 shares during the period. Commonwealth Equity Services LLC increased its position in shares of iShares S&P GSCI Commodity Indexed Trust by 571.0% in the first quarter. Commonwealth Equity Services LLC now owns 107,964 shares of the company’s stock worth $2,445,000 after purchasing an additional 91,874 shares during the period. Stephens Inc. AR bought a new position in shares of iShares S&P GSCI Commodity Indexed Trust in the first quarter worth $5,397,000. Finally, Prospera Financial Services Inc grew its position in iShares S&P GSCI Commodity Indexed Trust by 7.0% in the first quarter. Prospera Financial Services Inc now owns 85,174 shares of the company’s stock valued at $1,929,000 after acquiring an additional 5,564 shares during the last quarter. Institutional investors and hedge funds own 60.93% of the company’s stock.

iShares S&P GSCI Commodity Indexed Trust Company Profile

(Get Rating)

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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