Washington Growth Strategies LLC Acquires 135,896 Shares of iShares S&P GSCI Commodity-Indexed Trust $GSG

Washington Growth Strategies LLC raised its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 590,852.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 135,919 shares of the company’s stock after acquiring an additional 135,896 shares during the quarter. iShares S&P GSCI Commodity-Indexed Trust comprises approximately 2.3% of Washington Growth Strategies LLC’s portfolio, making the stock its 12th biggest holding. Washington Growth Strategies LLC’s holdings in iShares S&P GSCI Commodity-Indexed Trust were worth $2,996,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of GSG. Sumitomo Life Insurance Co. raised its holdings in iShares S&P GSCI Commodity-Indexed Trust by 38.3% during the 1st quarter. Sumitomo Life Insurance Co. now owns 2,208,431 shares of the company’s stock valued at $50,286,000 after acquiring an additional 612,153 shares during the period. Jane Street Group LLC bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the first quarter worth $5,902,000. Inscription Capital LLC bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the first quarter worth $5,344,000. Deutsche Bank AG increased its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 23.7% in the first quarter. Deutsche Bank AG now owns 798,133 shares of the company’s stock worth $18,173,000 after purchasing an additional 152,777 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 41.6% in the first quarter. Goldman Sachs Group Inc. now owns 270,598 shares of the company’s stock worth $6,162,000 after purchasing an additional 79,531 shares during the period. Institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Stock Performance

iShares S&P GSCI Commodity-Indexed Trust stock opened at $22.75 on Friday. The stock has a market cap of $983.94 million, a P/E ratio of 4.78 and a beta of 0.66. iShares S&P GSCI Commodity-Indexed Trust has a fifty-two week low of $19.86 and a fifty-two week high of $23.66. The firm’s fifty day moving average price is $22.67 and its 200-day moving average price is $22.17.

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.