Rakuten Investment Management Inc. decreased its position in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG – Free Report) by 19.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 95,470 shares of the company’s stock after selling 22,530 shares during the period. Rakuten Investment Management Inc. owned 0.33% of iShares S&P GSCI Commodity-Indexed Trust worth $3,352,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Lifeworks Advisors LLC purchased a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust during the first quarter worth about $10,900,000. Royal Bank of Canada lifted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 25.5% in the 1st quarter. Royal Bank of Canada now owns 63,290 shares of the company’s stock worth $2,042,000 after purchasing an additional 12,852 shares in the last quarter. Evanson Financial LLC purchased a new position in iShares S&P GSCI Commodity-Indexed Trust in the 2nd quarter worth approximately $1,197,000. Headlands Technologies LLC bought a new position in iShares S&P GSCI Commodity-Indexed Trust in the 2nd quarter worth approximately $570,000. Finally, Lido Advisors LLC bought a new position in iShares S&P GSCI Commodity-Indexed Trust in the 1st quarter worth approximately $632,000. Hedge funds and other institutional investors own 60.67% of the company’s stock.
iShares S&P GSCI Commodity-Indexed Trust Stock Performance
GSG traded down $0.07 during trading on Friday, reaching $34.46. 1,264,932 shares of the company traded hands, compared to its average volume of 1,221,914. iShares S&P GSCI Commodity-Indexed Trust has a 12-month low of $22.47 and a 12-month high of $37.75. The firm has a fifty day simple moving average of $36.02 and a 200 day simple moving average of $31.78. The company has a market cap of $997.62 million, a P/E ratio of 4.78 and a beta of 0.04.
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. The Trust is a commodity pool.
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