Empirical Asset Management LLC increased its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG – Free Report) by 4.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 114,908 shares of the company’s stock after acquiring an additional 4,524 shares during the quarter. iShares S&P GSCI Commodity-Indexed Trust makes up approximately 0.8% of Empirical Asset Management LLC’s holdings, making the stock its 24th biggest holding. Empirical Asset Management LLC owned 0.26% of iShares S&P GSCI Commodity-Indexed Trust worth $2,533,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of GSG. Sumitomo Life Insurance Co. raised its stake in iShares S&P GSCI Commodity-Indexed Trust by 38.3% during the first quarter. Sumitomo Life Insurance Co. now owns 2,208,431 shares of the company’s stock worth $50,286,000 after acquiring an additional 612,153 shares during the period. Jane Street Group LLC acquired a new stake in iShares S&P GSCI Commodity-Indexed Trust during the first quarter worth about $5,902,000. Deutsche Bank AG raised its stake in iShares S&P GSCI Commodity-Indexed Trust by 23.7% during the first quarter. Deutsche Bank AG now owns 798,133 shares of the company’s stock worth $18,173,000 after acquiring an additional 152,777 shares during the period. Washington Growth Strategies LLC raised its stake in iShares S&P GSCI Commodity-Indexed Trust by 590,852.2% during the second quarter. Washington Growth Strategies LLC now owns 135,919 shares of the company’s stock worth $2,996,000 after acquiring an additional 135,896 shares during the period. Finally, Quent Capital LLC grew its position in iShares S&P GSCI Commodity-Indexed Trust by 22.1% in the 2nd quarter. Quent Capital LLC now owns 676,447 shares of the company’s stock worth $14,909,000 after purchasing an additional 122,266 shares during the last quarter. Institutional investors and hedge funds own 60.67% of the company’s stock.
iShares S&P GSCI Commodity-Indexed Trust Trading Down 0.2%
NYSEARCA GSG opened at $22.54 on Friday. iShares S&P GSCI Commodity-Indexed Trust has a 52 week low of $19.86 and a 52 week high of $23.66. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 4.78 and a beta of 0.66. The company has a 50-day moving average price of $22.70 and a two-hundred day moving average price of $22.19.
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.
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