iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Sees Large Volume Increase – What’s Next?

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) shares saw strong trading volume on Tuesday . 339,436 shares traded hands during mid-day trading, a decline of 22% from the previous session’s volume of 433,358 shares.The stock last traded at $22.31 and had previously closed at $22.24.

iShares S&P GSCI Commodity-Indexed Trust Price Performance

The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 4.87 and a beta of 0.47. The firm’s fifty day moving average is $22.53 and its 200 day moving average is $21.66.

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

A number of institutional investors have recently added to or reduced their stakes in GSG. Amundi raised its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 20.5% in the fourth quarter. Amundi now owns 5,300 shares of the company’s stock valued at $117,000 after purchasing an additional 900 shares during the period. PFG Investments LLC raised its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 2.0% in the fourth quarter. PFG Investments LLC now owns 53,026 shares of the company’s stock valued at $1,154,000 after purchasing an additional 1,048 shares during the period. First Commonwealth Financial Corp PA raised its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 11.3% in the third quarter. First Commonwealth Financial Corp PA now owns 13,867 shares of the company’s stock valued at $291,000 after purchasing an additional 1,412 shares during the period. Strategic Investment Solutions Inc. IL bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter valued at approximately $28,000. Finally, Allworth Financial LP bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter valued at approximately $40,000. 60.67% of the stock is currently owned by institutional investors and hedge funds.

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.