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

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) shares saw an uptick in trading volume on Tuesday . 1,201,920 shares traded hands during mid-day trading, an increase of 0% from the previous session’s volume of 1,201,882 shares.The stock last traded at $32.43 and had previously closed at $32.58.

iShares S&P GSCI Commodity-Indexed Trust Stock Performance

The stock has a 50-day moving average of $27.54 and a 200 day moving average of $24.68. The firm has a market capitalization of $1.37 billion, a P/E ratio of 4.78 and a beta of 0.25.

Institutional Trading of iShares S&P GSCI Commodity-Indexed Trust

Several large investors have recently made changes to their positions in the business. Sumitomo Life Insurance Co. bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter valued at about $40,283,000. Strategic Investment Management LLC lifted its position in iShares S&P GSCI Commodity-Indexed Trust by 8.5% during the 3rd quarter. Strategic Investment Management LLC now owns 947,572 shares of the company’s stock worth $21,766,000 after buying an additional 73,852 shares in the last quarter. Quent Long Short Global Small Cap Fund LP bought a new stake in iShares S&P GSCI Commodity-Indexed Trust during the 4th quarter worth about $19,222,000. Bank of America Corp DE grew its holdings in iShares S&P GSCI Commodity-Indexed Trust by 71.0% during the 3rd quarter. Bank of America Corp DE now owns 780,032 shares of the company’s stock worth $17,917,000 after acquiring an additional 323,907 shares during the last quarter. Finally, Quent Capital LLC increased its position in iShares S&P GSCI Commodity-Indexed Trust by 9.9% in the 3rd quarter. Quent Capital LLC now owns 743,262 shares of the company’s stock valued at $17,073,000 after acquiring an additional 66,815 shares in the last quarter. Institutional investors own 60.67% of the company’s stock.

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.