US Bancorp DE Decreases Position in iShares S&P GSCI Commodity-Indexed Trust $GSG

US Bancorp DE lessened its holdings in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 38.8% during the second quarter, Holdings Channel.com reports. The firm owned 42,817 shares of the company’s stock after selling 27,157 shares during the quarter. US Bancorp DE’s holdings in iShares S&P GSCI Commodity-Indexed Trust were worth $944,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Quent Capital LLC grew its holdings in iShares S&P GSCI Commodity-Indexed Trust by 22.1% in the 2nd quarter. Quent Capital LLC now owns 676,447 shares of the company’s stock worth $14,909,000 after acquiring an additional 122,266 shares during the last quarter. Washington Growth Strategies LLC lifted its position in iShares S&P GSCI Commodity-Indexed Trust by 590,852.2% during the 2nd quarter. Washington Growth Strategies LLC now owns 135,919 shares of the company’s stock valued at $2,996,000 after acquiring an additional 135,896 shares during the period. PFG Investments LLC raised its holdings in iShares S&P GSCI Commodity-Indexed Trust by 0.9% in the second quarter. PFG Investments LLC now owns 53,112 shares of the company’s stock worth $1,171,000 after buying an additional 489 shares during the last quarter. Fifth Third Securities Inc. raised its holdings in iShares S&P GSCI Commodity-Indexed Trust by 19.6% in the second quarter. Fifth Third Securities Inc. now owns 10,783 shares of the company’s stock worth $238,000 after buying an additional 1,764 shares during the last quarter. Finally, Sound Income Strategies LLC bought a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust in the second quarter worth approximately $41,000. Institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Stock Down 0.2%

Shares of GSG stock opened at $22.50 on Friday. The company has a 50 day moving average price of $22.71 and a 200-day moving average price of $22.19. iShares S&P GSCI Commodity-Indexed Trust has a 52 week low of $19.86 and a 52 week high of $23.66. The firm has a market capitalization of $1.06 billion, a PE ratio of 4.78 and a beta of 0.66.

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.