iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Sees Strong Trading Volume – Here’s Why

Shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) saw an uptick in trading volume on Monday . 193,562 shares traded hands during mid-day trading, a decline of 36% from the previous session’s volume of 303,344 shares.The stock last traded at $22.19 and had previously closed at $21.95.

iShares S&P GSCI Commodity-Indexed Trust Price Performance

The firm’s 50-day moving average price is $21.31 and its two-hundred day moving average price is $21.33.

Institutional Investors Weigh In On iShares S&P GSCI Commodity-Indexed Trust

A number of institutional investors have recently added to or reduced their stakes in GSG. Highline Wealth Partners LLC purchased a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust during the 3rd quarter valued at $36,000. US Bancorp DE boosted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 1,469.9% in the third quarter. US Bancorp DE now owns 7,457 shares of the company’s stock worth $157,000 after acquiring an additional 6,982 shares in the last quarter. Heartland Bank & Trust Co purchased a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the 3rd quarter valued at approximately $218,000. Assetmark Inc. grew its position in iShares S&P GSCI Commodity-Indexed Trust by 81.0% during the 3rd quarter. Assetmark Inc. now owns 11,637 shares of the company’s stock worth $244,000 after purchasing an additional 5,209 shares during the last quarter. Finally, First Commonwealth Financial Corp PA increased its stake in iShares S&P GSCI Commodity-Indexed Trust by 11.3% during the 3rd quarter. First Commonwealth Financial Corp PA now owns 13,867 shares of the company’s stock valued at $291,000 after purchasing an additional 1,412 shares in the last quarter. Institutional investors own 60.67% of the company’s stock.

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.