iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Sees Unusually-High Trading Volume

Shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) saw unusually-high trading volume on Wednesday . Approximately 106,429 shares changed hands during trading, a decline of 79% from the previous session’s volume of 505,129 shares.The stock last traded at $20.74 and had previously closed at $20.76.

iShares S&P GSCI Commodity-Indexed Trust Price Performance

The company has a 50-day moving average price of $21.03 and a 200-day moving average price of $21.75.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets boosted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 35.9% in the 4th quarter. BNP Paribas Financial Markets now owns 46,147 shares of the company’s stock valued at $926,000 after purchasing an additional 12,185 shares during the period. Avantax Advisory Services Inc. lifted its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 45.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 14,484 shares of the company’s stock valued at $291,000 after buying an additional 4,532 shares during the period. Assetmark Inc. bought a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter valued at about $109,000. Virtu Financial LLC acquired a new position in iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter valued at approximately $661,000. Finally, Integrated Advisors Network LLC bought a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter worth approximately $486,000. Institutional investors and hedge funds 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.