iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Sets New 52-Week Low at $19.60

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG – Get Rating) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $19.60 and last traded at $19.60, with a volume of 1366 shares changing hands. The stock had previously closed at $20.13.

iShares S&P GSCI Commodity-Indexed Trust Trading Down 1.8 %

The firm’s 50-day moving average price is $20.60 and its 200-day moving average price is $21.16.

Hedge Funds Weigh In On iShares S&P GSCI Commodity-Indexed Trust

Several large investors have recently modified their holdings of the stock. Jane Street Group LLC boosted its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 141.4% during the second quarter. Jane Street Group LLC now owns 2,985,754 shares of the company’s stock valued at $68,971,000 after buying an additional 1,748,871 shares during the period. Sumitomo Life Insurance Co. lifted its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 57.1% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 1,870,000 shares of the company’s stock worth $38,485,000 after acquiring an additional 680,000 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 2.9% during the 4th quarter. Wells Fargo & Company MN now owns 1,510,656 shares of the company’s stock valued at $32,071,000 after acquiring an additional 41,949 shares during the period. TPB Wealth Advisors grew its position in iShares S&P GSCI Commodity-Indexed Trust by 343.2% in the 3rd quarter. TPB Wealth Advisors now owns 828,335 shares of the company’s stock valued at $17,106,000 after acquiring an additional 641,451 shares during the last quarter. Finally, Strategic Investment Management LLC increased its stake in iShares S&P GSCI Commodity-Indexed Trust by 7.6% in the fourth quarter. Strategic Investment Management LLC now owns 800,040 shares of the company’s stock worth $16,169,000 after purchasing an additional 56,400 shares during the period. Institutional investors own 53.09% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Company Profile

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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.