iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $35.36 and last traded at $35.3260, with a volume of 41360 shares traded. The stock had previously closed at $34.83.
iShares S&P GSCI Commodity-Indexed Trust Price Performance
The stock has a market capitalization of $1.10 billion, a PE ratio of 4.78 and a beta of 0.04. The stock’s fifty day moving average is $31.89 and its 200-day moving average is $31.33.
Institutional Trading of iShares S&P GSCI Commodity-Indexed Trust
Several large investors have recently made changes to their positions in GSG. Amundi lifted its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 41.5% in the first quarter. Amundi now owns 7,500 shares of the company’s stock worth $165,000 after buying an additional 2,200 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in iShares S&P GSCI Commodity-Indexed Trust by 41.6% during the first quarter. Goldman Sachs Group Inc. now owns 270,598 shares of the company’s stock worth $6,162,000 after buying an additional 79,531 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of iShares S&P GSCI Commodity-Indexed Trust during the 1st quarter valued at about $5,902,000. BNP Paribas Financial Markets grew its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 30,551.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 34,330 shares of the company’s stock valued at $757,000 after buying an additional 34,218 shares during the period. Finally, Corient Private Wealth LLC raised its position in iShares S&P GSCI Commodity-Indexed Trust by 7.4% in the second quarter. Corient Private Wealth LLC now owns 14,634 shares of the company’s stock valued at $323,000 after purchasing an additional 1,013 shares during the period. 60.67% of the stock is currently owned by hedge funds and other institutional investors.
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. The Trust is a commodity pool.
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