Envestnet Asset Management Inc. lessened its stake in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG – Free Report) by 23.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 75,091 shares of the company’s stock after selling 23,317 shares during the period. Envestnet Asset Management Inc. owned 0.17% of iShares S&P GSCI Commodity-Indexed Trust worth $1,655,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also added to or reduced their stakes in the company. Empirical Asset Management LLC boosted its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 4.1% in the 2nd quarter. Empirical Asset Management LLC now owns 114,908 shares of the company’s stock valued at $2,533,000 after buying an additional 4,524 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in iShares S&P GSCI Commodity-Indexed Trust by 34.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,303 shares of the company’s stock valued at $359,000 after acquiring an additional 4,177 shares during the last quarter. Strengthening Families & Communities LLC acquired a new stake in iShares S&P GSCI Commodity-Indexed Trust in the second quarter valued at approximately $26,000. Quent Capital LLC grew its holdings in iShares S&P GSCI Commodity-Indexed Trust by 22.1% in the second quarter. Quent Capital LLC now owns 676,447 shares of the company’s stock worth $14,909,000 after purchasing an additional 122,266 shares during the last quarter. Finally, Washington Growth Strategies LLC grew its holdings in iShares S&P GSCI Commodity-Indexed Trust by 590,852.2% in the second quarter. Washington Growth Strategies LLC now owns 135,919 shares of the company’s stock worth $2,996,000 after purchasing an additional 135,896 shares during the last quarter. 60.67% of the stock is currently owned by institutional investors.
iShares S&P GSCI Commodity-Indexed Trust Trading Down 1.2%
Shares of GSG opened at $23.18 on Thursday. iShares S&P GSCI Commodity-Indexed Trust has a 12 month low of $19.86 and a 12 month high of $23.68. The stock has a fifty day moving average price of $23.00 and a 200-day moving average price of $22.51. The firm has a market cap of $1.08 billion, a PE ratio of 4.78 and a beta of 0.25.
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.
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