Quent Capital LLC Boosts Position in iShares S&P GSCI Commodity-Indexed Trust $GSG

Quent Capital LLC increased its position in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 9.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 743,262 shares of the company’s stock after acquiring an additional 66,815 shares during the quarter. iShares S&P GSCI Commodity-Indexed Trust makes up about 1.4% of Quent Capital LLC’s portfolio, making the stock its 18th biggest holding. Quent Capital LLC owned approximately 1.59% of iShares S&P GSCI Commodity-Indexed Trust worth $17,073,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Strengthening Families & Communities LLC purchased a new position in iShares S&P GSCI Commodity-Indexed Trust during the second quarter worth about $26,000. Headlands Technologies LLC purchased a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust in the 2nd quarter valued at approximately $35,000. Sound Income Strategies LLC acquired a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust during the 2nd quarter worth approximately $41,000. Amundi raised its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 41.5% during the 1st quarter. Amundi now owns 7,500 shares of the company’s stock valued at $165,000 after buying an additional 2,200 shares during the period. Finally, Fifth Third Securities Inc. raised its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 19.6% during the 2nd quarter. Fifth Third Securities Inc. now owns 10,783 shares of the company’s stock valued at $238,000 after buying an additional 1,764 shares during the period. Hedge funds and other institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Stock Performance

Shares of iShares S&P GSCI Commodity-Indexed Trust stock opened at $23.80 on Tuesday. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 4.78 and a beta of 0.25. iShares S&P GSCI Commodity-Indexed Trust has a fifty-two week low of $19.86 and a fifty-two week high of $23.88. The stock has a 50 day moving average of $23.17 and a 200 day moving average of $22.85.

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.