US Bancorp DE Has $944,000 Stake in iShares S&P GSCI Commodity-Indexed Trust $GSG

US Bancorp DE trimmed its holdings in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 38.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,817 shares of the company’s stock after selling 27,157 shares during the period. US Bancorp DE owned 0.10% of iShares S&P GSCI Commodity-Indexed Trust worth $944,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 86.7% during the first quarter. Envestnet Asset Management Inc. now owns 98,408 shares of the company’s stock worth $2,241,000 after buying an additional 45,706 shares in the last quarter. LPL Financial LLC increased its stake in iShares S&P GSCI Commodity-Indexed Trust by 1.7% in the 1st quarter. LPL Financial LLC now owns 88,305 shares of the company’s stock valued at $2,011,000 after buying an additional 1,489 shares during the last quarter. Cetera Investment Advisers grew its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 4.6% during the 1st quarter. Cetera Investment Advisers now owns 11,817 shares of the company’s stock valued at $269,000 after acquiring an additional 517 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust during the 1st quarter valued at approximately $276,000. Finally, Davis R M Inc. purchased a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust during the 1st quarter valued at approximately $208,000. 60.67% of the stock is owned by institutional investors.

iShares S&P GSCI Commodity-Indexed Trust Price Performance

NYSEARCA GSG opened at $22.50 on Friday. iShares S&P GSCI Commodity-Indexed Trust has a 1 year low of $19.86 and a 1 year high of $23.66. The stock has a market capitalization of $1.06 billion, a PE ratio of 4.78 and a beta of 0.66. The company’s 50 day simple moving average is $22.71 and its two-hundred day simple moving average is $22.19.

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.