iShares S&P GSCI Commodity-Indexed Trust $GSG Holdings Lessened by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. decreased its holdings in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 19.1% in the third quarter, Holdings Channel reports. The fund owned 95,470 shares of the company’s stock after selling 22,530 shares during the quarter. Rakuten Investment Management Inc.’s holdings in iShares S&P GSCI Commodity-Indexed Trust were worth $3,352,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Lifeworks Advisors LLC purchased a new position in iShares S&P GSCI Commodity-Indexed Trust in the first quarter worth about $10,900,000. Royal Bank of Canada increased its stake in iShares S&P GSCI Commodity-Indexed Trust by 25.5% during the first quarter. Royal Bank of Canada now owns 63,290 shares of the company’s stock worth $2,042,000 after acquiring an additional 12,852 shares during the last quarter. Evanson Financial LLC bought a new stake in iShares S&P GSCI Commodity-Indexed Trust during the second quarter worth approximately $1,197,000. Headlands Technologies LLC purchased a new stake in iShares S&P GSCI Commodity-Indexed Trust during the second quarter valued at approximately $570,000. Finally, Lido Advisors LLC purchased a new stake in iShares S&P GSCI Commodity-Indexed Trust during the first quarter valued at approximately $632,000. Institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Stock Performance

GSG stock traded down $0.07 during midday trading on Friday, reaching $34.46. 1,264,932 shares of the company traded hands, compared to its average volume of 1,221,914. The firm has a market capitalization of $997.62 million, a price-to-earnings ratio of 4.78 and a beta of 0.04. iShares S&P GSCI Commodity-Indexed Trust has a 52-week low of $22.47 and a 52-week high of $37.75. The business has a 50 day moving average of $36.02 and a 200-day moving average of $31.78.

iShares S&P GSCI Commodity-Indexed Trust 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.