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

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) saw unusually-strong trading volume on Monday . Approximately 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 Stock Up 0.2 %

The company’s fifty day moving average price is $21.27 and its 200-day moving average price is $21.33.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Bulltick Wealth Management LLC bought a new position in iShares S&P GSCI Commodity-Indexed Trust in the 2nd quarter valued at $2,884,000. Idaho Trust Bank bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the second quarter worth about $2,714,000. International Assets Investment Management LLC increased its stake in iShares S&P GSCI Commodity-Indexed Trust by 1,123.2% in the 3rd quarter. International Assets Investment Management LLC now owns 86,457 shares of the company’s stock worth $1,816,000 after buying an additional 79,389 shares during the period. Empirical Asset Management LLC lifted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 224.7% during the 3rd quarter. Empirical Asset Management LLC now owns 100,500 shares of the company’s stock valued at $2,110,000 after buying an additional 69,552 shares in the last quarter. Finally, Quent Capital LLC boosted its position in iShares S&P GSCI Commodity-Indexed Trust by 10.0% in the 3rd quarter. Quent Capital LLC now owns 393,855 shares of the company’s stock valued at $8,271,000 after buying an additional 35,674 shares during the period. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

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.