F M Investments LLC cut its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG – Free Report) by 50.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 26,166 shares of the company’s stock after selling 26,166 shares during the quarter. F M Investments LLC’s holdings in iShares S&P GSCI Commodity-Indexed Trust were worth $570,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of GSG. Amundi boosted its stake in iShares S&P GSCI Commodity-Indexed Trust by 20.5% during the 4th quarter. Amundi now owns 5,300 shares of the company’s stock worth $117,000 after purchasing an additional 900 shares during the period. Avantax Advisory Services Inc. boosted its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 14.7% during the fourth quarter. Avantax Advisory Services Inc. now owns 20,960 shares of the company’s stock worth $456,000 after buying an additional 2,687 shares during the period. US Bancorp DE boosted its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 107.6% during the fourth quarter. US Bancorp DE now owns 15,479 shares of the company’s stock worth $337,000 after buying an additional 8,022 shares during the period. Allworth Financial LP acquired a new position in iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter valued at about $40,000. Finally, Commonwealth Equity Services LLC increased its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 234.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 40,231 shares of the company’s stock valued at $876,000 after purchasing an additional 28,191 shares during the period. 60.67% of the stock is owned by institutional investors and hedge funds.
iShares S&P GSCI Commodity-Indexed Trust Price Performance
Shares of NYSEARCA GSG opened at $21.12 on Friday. iShares S&P GSCI Commodity-Indexed Trust has a 1-year low of $19.73 and a 1-year high of $23.32. The company has a market cap of $977.86 million, a PE ratio of 4.96 and a beta of 0.20. The stock has a fifty day moving average price of $22.16 and a 200 day moving average price of $21.82.
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.
Read More
- Five stocks we like better than iShares S&P GSCI Commodity-Indexed Trust
- What Are Dividend Challengers?
- JPMorgan is a Buy, if You Can Handle The Volatility
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- United States Steel’s Crash: An Unmissable Buying Opportunity
- With Risk Tolerance, One Size Does Not Fit All
- Rocket Lab Stock: Weathering the Storm, Time for a Comeback?
Want to see what other hedge funds are holding GSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG – Free Report).
Receive News & Ratings for iShares S&P GSCI Commodity-Indexed Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P GSCI Commodity-Indexed Trust and related companies with MarketBeat.com's FREE daily email newsletter.