Advisory Services Network LLC Trims Stake in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG)

Advisory Services Network LLC lessened its position in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 55.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 41,602 shares of the company’s stock after selling 51,602 shares during the quarter. Advisory Services Network LLC owned approximately 0.09% of iShares S&P GSCI Commodity-Indexed Trust worth $906,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in GSG. Allworth Financial LP purchased a new position in iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter valued at $40,000. Synergy Asset Management LLC bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter worth about $80,000. Golden State Wealth Management LLC purchased a new position in iShares S&P GSCI Commodity-Indexed Trust during the 4th quarter valued at about $93,000. Amundi boosted its stake in iShares S&P GSCI Commodity-Indexed Trust by 20.5% during the fourth quarter. Amundi now owns 5,300 shares of the company’s stock worth $117,000 after acquiring an additional 900 shares in the last quarter. Finally, US Bancorp DE grew its holdings in iShares S&P GSCI Commodity-Indexed Trust by 107.6% in the fourth quarter. US Bancorp DE now owns 15,479 shares of the company’s stock worth $337,000 after purchasing an additional 8,022 shares during the period. 60.67% of the stock is currently owned by institutional investors.

iShares S&P GSCI Commodity-Indexed Trust Stock Performance

Shares of NYSEARCA GSG opened at $21.12 on Monday. The company has a 50 day simple moving average of $22.16 and a two-hundred day simple moving average of $21.83. iShares S&P GSCI Commodity-Indexed Trust has a fifty-two week low of $19.73 and a fifty-two week high of $23.32. The company has a market capitalization of $977.86 million, a price-to-earnings ratio of 4.96 and a beta of 0.20.

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.