Northwestern Mutual Wealth Management Co. Buys 605,422 Shares of iShares S&P GSCI Commodity-Indexed Trust $GSG

Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 1,678.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 641,500 shares of the company’s stock after purchasing an additional 605,422 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares S&P GSCI Commodity-Indexed Trust were worth $14,793,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Strategic Investment Management LLC increased its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 8.5% during the 3rd quarter. Strategic Investment Management LLC now owns 947,572 shares of the company’s stock valued at $21,766,000 after purchasing an additional 73,852 shares during the last quarter. Quent Long Short Global Small Cap Fund LP bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust during the 4th quarter valued at approximately $19,222,000. Bank of America Corp DE increased its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 71.0% during the 3rd quarter. Bank of America Corp DE now owns 780,032 shares of the company’s stock valued at $17,917,000 after purchasing an additional 323,907 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 41.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 270,598 shares of the company’s stock valued at $6,162,000 after purchasing an additional 79,531 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust during the 1st quarter valued at approximately $5,902,000. Institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Stock Performance

NYSEARCA GSG opened at $33.76 on Thursday. The company has a market cap of $1.07 billion, a P/E ratio of 4.78 and a beta of 0.05. The business’s 50 day moving average price is $32.27 and its 200-day moving average price is $27.00. iShares S&P GSCI Commodity-Indexed Trust has a fifty-two week low of $21.03 and a fifty-two week high of $34.94.

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.