Empirical Asset Management LLC lowered its position in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG – Free Report) by 54.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 20,883 shares of the company’s stock after selling 24,916 shares during the quarter. Empirical Asset Management LLC’s holdings in iShares S&P GSCI Commodity-Indexed Trust were worth $482,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in 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 valued at $2,114,000 after buying an additional 63,670 shares in the last quarter. Quent Long Short Global Small Cap Fund LP acquired a new stake in iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter valued at approximately $19,222,000. Rakuten Investment Management Inc. acquired a new stake in iShares S&P GSCI Commodity-Indexed Trust during the third quarter valued at approximately $2,718,000. Alliance Wealth Advisors LLC UT acquired a new stake in iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter valued at approximately $2,421,000. Finally, Strategic Investment Management LLC raised its stake in iShares S&P GSCI Commodity-Indexed Trust by 8.5% during the third quarter. Strategic Investment Management LLC now owns 947,572 shares of the company’s stock valued at $21,766,000 after buying an additional 73,852 shares in the last quarter. Institutional investors and hedge funds own 60.67% of the company’s stock.
iShares S&P GSCI Commodity-Indexed Trust Stock Down 0.5%
Shares of NYSEARCA GSG opened at $33.25 on Friday. The stock’s 50 day moving average price is $32.41 and its two-hundred day moving average price is $27.12. iShares S&P GSCI Commodity-Indexed Trust has a 52-week low of $21.03 and a 52-week high of $34.94. The stock has a market capitalization of $1.05 billion, a P/E ratio of 4.78 and a beta of 0.05.
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. The Trust is a commodity pool.
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