Patton Fund Management Inc. Sells 5,991 Shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG)

Patton Fund Management Inc. lessened its stake in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 7.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 77,887 shares of the company’s stock after selling 5,991 shares during the period. Patton Fund Management Inc.’s holdings in iShares S&P GSCI Commodity-Indexed Trust were worth $1,696,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Highline Wealth Partners LLC acquired a new stake in iShares S&P GSCI Commodity-Indexed Trust during the 3rd quarter worth about $36,000. US Bancorp DE grew its stake in iShares S&P GSCI Commodity-Indexed Trust by 1,469.9% during the third quarter. US Bancorp DE now owns 7,457 shares of the company’s stock worth $157,000 after purchasing an additional 6,982 shares during the period. Heartland Bank & Trust Co acquired a new stake in iShares S&P GSCI Commodity-Indexed Trust during the third quarter worth approximately $218,000. Assetmark Inc. increased its holdings in iShares S&P GSCI Commodity-Indexed Trust by 81.0% in the third quarter. Assetmark Inc. now owns 11,637 shares of the company’s stock worth $244,000 after purchasing an additional 5,209 shares in the last quarter. Finally, First Commonwealth Financial Corp PA lifted its stake in iShares S&P GSCI Commodity-Indexed Trust by 11.3% in the third quarter. First Commonwealth Financial Corp PA now owns 13,867 shares of the company’s stock valued at $291,000 after buying an additional 1,412 shares during the period. Institutional investors and hedge funds own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Stock Up 0.4 %

Shares of GSG stock opened at $22.57 on Wednesday. The firm has a 50 day moving average of $21.80 and a 200-day moving average of $21.38. iShares S&P GSCI Commodity-Indexed Trust has a 52 week low of $19.73 and a 52 week high of $23.32.

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.