1,746,896 Shares in iShares S&P GSCI Commodity-Indexed Trust $GSG Bought by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,746,896 shares of the company’s stock, valued at approximately $40,283,000. iShares S&P GSCI Commodity-Indexed Trust comprises 1.1% of Sumitomo Life Insurance Co.’s portfolio, making the stock its 16th biggest position. Sumitomo Life Insurance Co. owned about 4.07% of iShares S&P GSCI Commodity-Indexed Trust at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 224.3% during the third quarter. JPMorgan Chase & Co. now owns 92,051 shares of the company’s stock worth $2,114,000 after acquiring an additional 63,670 shares during the last quarter. Quent Long Short Global Small Cap Fund LP bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter worth $19,222,000. Alliance Wealth Advisors LLC UT bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter worth $2,421,000. Capital Group Private Client Services Inc. bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter worth $503,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 1,678.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 641,500 shares of the company’s stock worth $14,793,000 after acquiring an additional 605,422 shares during the last quarter. Institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Stock Performance

Shares of NYSEARCA:GSG opened at $30.58 on Friday. The firm has a fifty day moving average price of $32.61 and a 200 day moving average price of $28.04. iShares S&P GSCI Commodity-Indexed Trust has a fifty-two week low of $21.93 and a fifty-two week high of $34.94. The firm has a market cap of $966.33 million, a price-to-earnings ratio of 4.78 and a beta of 0.02.

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.