JPMorgan Chase & Co. Grows Stock Position in iShares S&P GSCI Commodity-Indexed Trust $GSG

JPMorgan Chase & Co. raised its holdings in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 224.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 92,051 shares of the company’s stock after buying an additional 63,670 shares during the quarter. JPMorgan Chase & Co. owned about 0.20% of iShares S&P GSCI Commodity-Indexed Trust worth $2,114,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of GSG. Bank of America Corp DE raised its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 71.0% in the third quarter. Bank of America Corp DE now owns 780,032 shares of the company’s stock worth $17,917,000 after purchasing an additional 323,907 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the first quarter worth about $5,902,000. Rakuten Investment Management Inc. purchased a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the third quarter worth about $2,718,000. Goldman Sachs Group Inc. raised its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 41.6% in the first quarter. Goldman Sachs Group Inc. now owns 270,598 shares of the company’s stock worth $6,162,000 after purchasing an additional 79,531 shares during the last quarter. Finally, Strategic Investment Management LLC raised its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 8.5% in the third quarter. Strategic Investment Management LLC now owns 947,572 shares of the company’s stock worth $21,766,000 after purchasing an additional 73,852 shares during the last quarter. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P GSCI Commodity-Indexed Trust Stock Up 0.2%

Shares of NYSEARCA:GSG opened at $33.52 on Tuesday. iShares S&P GSCI Commodity-Indexed Trust has a 52-week low of $19.86 and a 52-week high of $33.86. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 4.78 and a beta of 0.25. The business has a 50-day moving average price of $28.07 and a 200-day moving average price of $24.91.

About iShares S&P GSCI Commodity-Indexed Trust

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.