US Bancorp DE Increases Stake in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG)

US Bancorp DE raised its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 107.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,479 shares of the company’s stock after buying an additional 8,022 shares during the period. US Bancorp DE’s holdings in iShares S&P GSCI Commodity-Indexed Trust were worth $337,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. PFG Investments LLC increased its holdings in iShares S&P GSCI Commodity-Indexed Trust by 2.0% during the fourth quarter. PFG Investments LLC now owns 53,026 shares of the company’s stock valued at $1,154,000 after buying an additional 1,048 shares during the last quarter. First Commonwealth Financial Corp PA increased its stake in shares of 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 worth $291,000 after purchasing an additional 1,412 shares in the last quarter. Allworth Financial LP purchased a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter worth $40,000. Moors & Cabot Inc. increased its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 6.2% in the third quarter. Moors & Cabot Inc. now owns 34,228 shares of the company’s stock worth $719,000 after purchasing an additional 1,997 shares in the last quarter. Finally, Breakwater Investment Management increased its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 14.4% in the fourth quarter. Breakwater Investment Management now owns 26,929 shares of the company’s stock worth $586,000 after purchasing an additional 3,396 shares in the last quarter. 60.67% of the stock is owned by hedge funds and other institutional investors.

iShares S&P GSCI Commodity-Indexed Trust Price Performance

Shares of NYSEARCA GSG opened at $21.95 on Friday. The firm has a fifty day moving average price of $22.52 and a 200-day moving average price of $21.64. The stock has a market cap of $1.04 billion, a PE ratio of 5.02 and a beta of 0.49. iShares S&P GSCI Commodity-Indexed Trust has a 1 year low of $19.73 and a 1 year high of $23.32.

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.