iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Sees Unusually-High Trading Volume – Here’s What Happened

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) shares saw unusually-high trading volume on Friday . Approximately 6,373,125 shares were traded during trading, an increase of 1,498% from the previous session’s volume of 398,880 shares.The stock last traded at $25.6450 and had previously closed at $25.97.

iShares S&P GSCI Commodity-Indexed Trust Stock Down 1.9%

The company’s fifty day moving average is $23.56 and its two-hundred day moving average is $23.06. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 4.78 and a beta of 0.25.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Amundi increased its holdings in iShares S&P GSCI Commodity-Indexed Trust by 41.5% in the first quarter. Amundi now owns 7,500 shares of the company’s stock valued at $165,000 after purchasing an additional 2,200 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 41.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 270,598 shares of the company’s stock valued at $6,162,000 after acquiring an additional 79,531 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust in the 1st quarter valued at approximately $5,902,000. Washington Growth Strategies LLC raised its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 590,852.2% in the 2nd quarter. Washington Growth Strategies LLC now owns 135,919 shares of the company’s stock valued at $2,996,000 after acquiring an additional 135,896 shares during the period. Finally, Quent Capital LLC boosted its stake in iShares S&P GSCI Commodity-Indexed Trust by 22.1% during the 2nd quarter. Quent Capital LLC now owns 676,447 shares of the company’s stock worth $14,909,000 after acquiring an additional 122,266 shares during the last quarter. 60.67% of the stock is currently owned by institutional investors.

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. The Trust is a commodity pool.