iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Sets New 52-Week High – Here’s What Happened

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $23.15 and last traded at $23.12, with a volume of 69235 shares changing hands. The stock had previously closed at $22.84.

iShares S&P GSCI Commodity-Indexed Trust Stock Performance

The business’s 50-day moving average is $21.43 and its two-hundred day moving average is $21.34.

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

A number of institutional investors have recently modified their holdings of the business. First Commonwealth Financial Corp PA grew its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 11.3% during the 3rd 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 last quarter. M Holdings Securities Inc. grew its position in iShares S&P GSCI Commodity-Indexed Trust by 154.1% in the 3rd quarter. M Holdings Securities Inc. now owns 45,752 shares of the company’s stock worth $961,000 after purchasing an additional 27,743 shares during the last quarter. Moors & Cabot Inc. grew its position in iShares S&P GSCI Commodity-Indexed Trust by 6.2% in the 3rd quarter. Moors & Cabot Inc. now owns 34,228 shares of the company’s stock worth $719,000 after purchasing an additional 1,997 shares during the last quarter. Assetmark Inc. grew its position in iShares S&P GSCI Commodity-Indexed Trust by 81.0% in the 3rd quarter. Assetmark Inc. now owns 11,637 shares of the company’s stock worth $244,000 after purchasing an additional 5,209 shares during the last quarter. Finally, US Bancorp DE grew its position in iShares S&P GSCI Commodity-Indexed Trust by 1,469.9% in the 3rd 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 last quarter. Institutional investors own 60.67% of the company’s stock.

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.