iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Sees Large Volume Increase

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) shares saw unusually-strong trading volume on Thursday . Approximately 277,583 shares changed hands during trading, a decline of 46% from the previous session’s volume of 513,481 shares.The stock last traded at $21.45 and had previously closed at $21.51.

iShares S&P GSCI Commodity-Indexed Trust Stock Down 1.8 %

The firm’s 50 day moving average is $21.93 and its two-hundred day moving average is $21.77.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. grew its stake in iShares S&P GSCI Commodity-Indexed Trust by 22.7% in the 2nd quarter. Sumitomo Life Insurance Co. now owns 2,593,494 shares of the company’s stock valued at $57,446,000 after purchasing an additional 479,167 shares during the period. Strategic Investment Management LLC increased its holdings in iShares S&P GSCI Commodity-Indexed Trust by 15.9% during the fourth quarter. Strategic Investment Management LLC now owns 899,100 shares of the company’s stock worth $18,512,000 after buying an additional 123,330 shares during the last quarter. Avalon Capital Management bought a new stake in iShares S&P GSCI Commodity-Indexed Trust in the first quarter worth about $9,138,000. Quent Capital LLC boosted its stake in iShares S&P GSCI Commodity-Indexed Trust by 13.1% in the second quarter. Quent Capital LLC now owns 358,181 shares of the company’s stock valued at $7,934,000 after acquiring an additional 41,572 shares during the last quarter. Finally, Inscription Capital LLC grew its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 46.9% during the 1st quarter. Inscription Capital LLC now owns 242,338 shares of the company’s stock valued at $5,496,000 after acquiring an additional 77,419 shares during the period. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

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.