Lido Advisors LLC purchased a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG – Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 19,588 shares of the company’s stock, valued at approximately $632,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Headlands Technologies LLC purchased a new position in iShares S&P GSCI Commodity-Indexed Trust in the 2nd quarter worth $35,000. Bfsg LLC purchased a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter worth about $42,000. Sunbelt Securities Inc. lifted its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 23.0% during the third quarter. Sunbelt Securities Inc. now owns 2,868 shares of the company’s stock worth $66,000 after purchasing an additional 537 shares during the period. Reflection Asset Management purchased a new stake in iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter valued at approximately $92,000. Finally, Sound Income Strategies LLC increased its holdings in iShares S&P GSCI Commodity-Indexed Trust by 17.9% in the 4th quarter. Sound Income Strategies LLC now owns 4,049 shares of the company’s stock worth $96,000 after buying an additional 616 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 Trading Up 3.3%
Shares of NYSEARCA GSG opened at $32.13 on Thursday. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 4.78 and a beta of 0.04. iShares S&P GSCI Commodity-Indexed Trust has a 12 month low of $21.93 and a 12 month high of $34.94. The company has a 50 day simple moving average of $30.79 and a two-hundred day simple moving average of $29.69.
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.
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