Comerica Bank Reduces Stake in iShares S&P GSCI Commodity-Indexed Trust $GSG

Comerica Bank decreased its stake in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 40.0% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 6,383 shares of the company’s stock after selling 4,263 shares during the period. Comerica Bank’s holdings in iShares S&P GSCI Commodity-Indexed Trust were worth $145,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Sumitomo Life Insurance Co. grew its position in iShares S&P GSCI Commodity-Indexed Trust by 38.3% in the first quarter. Sumitomo Life Insurance Co. now owns 2,208,431 shares of the company’s stock worth $50,286,000 after acquiring an additional 612,153 shares in the last quarter. Deutsche Bank AG lifted its stake in iShares S&P GSCI Commodity-Indexed Trust by 23.7% during the first quarter. Deutsche Bank AG now owns 798,133 shares of the company’s stock worth $18,173,000 after purchasing an additional 152,777 shares during the last quarter. Quent Capital LLC boosted its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 9.4% in the 1st quarter. Quent Capital LLC now owns 554,181 shares of the company’s stock worth $12,619,000 after purchasing an additional 47,658 shares in the last quarter. Inscription Capital LLC purchased a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the 1st quarter worth about $5,344,000. Finally, Envestnet Asset Management Inc. increased its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 86.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 98,408 shares of the company’s stock valued at $2,241,000 after purchasing an additional 45,706 shares during the last quarter. Hedge funds and other institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Trading Up 0.7%

Shares of iShares S&P GSCI Commodity-Indexed Trust stock opened at $22.86 on Thursday. The firm has a market capitalization of $1.02 billion, a PE ratio of 4.78 and a beta of 0.66. The business’s 50-day moving average price is $22.53 and its 200-day moving average price is $22.07. iShares S&P GSCI Commodity-Indexed Trust has a 12 month low of $19.78 and a 12 month high of $23.66.

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.