iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Sees Strong Trading Volume – Here’s What Happened

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) shares saw unusually-high trading volume on Tuesday . Approximately 339,436 shares were traded 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 Stock Up 0.8 %

The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 4.87 and a beta of 0.47. The business has a 50 day moving average price of $22.53 and a 200-day moving average price of $21.67.

Institutional Investors Weigh In On iShares S&P GSCI Commodity-Indexed Trust

A number of large investors have recently modified their holdings of the stock. Moors & Cabot Inc. grew its stake in iShares S&P GSCI Commodity-Indexed Trust by 6.2% during the 3rd quarter. Moors & Cabot Inc. now owns 34,228 shares of the company’s stock valued at $719,000 after purchasing an additional 1,997 shares in the last quarter. M Holdings Securities Inc. grew its stake in iShares S&P GSCI Commodity-Indexed Trust by 154.1% during the 3rd quarter. M Holdings Securities Inc. now owns 45,752 shares of the company’s stock valued at $961,000 after purchasing an additional 27,743 shares in the last quarter. First Commonwealth Financial Corp PA grew its stake in iShares S&P GSCI Commodity-Indexed Trust by 11.3% during the 3rd 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 in the last quarter. Breakwater Investment Management grew its stake in iShares S&P GSCI Commodity-Indexed Trust by 14.4% during the 4th quarter. Breakwater Investment Management now owns 26,929 shares of the company’s stock valued at $586,000 after purchasing an additional 3,396 shares in the last quarter. Finally, Strategic Investment Management LLC grew its stake in iShares S&P GSCI Commodity-Indexed Trust by 4.9% during the 4th quarter. Strategic Investment Management LLC now owns 942,910 shares of the company’s stock valued at $20,527,000 after purchasing an additional 43,810 shares in the last quarter. Institutional investors and hedge funds own 60.67% of the company’s stock.

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.