Truist Financial Corp Boosts Stock Position in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG)

Truist Financial Corp raised its stake in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 42.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 25,269 shares of the company’s stock after purchasing an additional 7,568 shares during the quarter. Truist Financial Corp owned 0.05% of iShares S&P GSCI Commodity-Indexed Trust worth $560,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of GSG. Integrated Advisors Network LLC purchased a new position in iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter worth about $486,000. PNC Financial Services Group Inc. purchased a new position in iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter worth $31,000. Inscription Capital LLC boosted 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 worth $5,496,000 after purchasing an additional 77,419 shares in the last quarter. OneAscent Financial Services LLC grew its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 8.2% during the 1st quarter. OneAscent Financial Services LLC now owns 54,654 shares of the company’s stock worth $1,206,000 after purchasing an additional 4,149 shares during the period. Finally, Avalon Capital Management purchased a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the 1st quarter valued at about $9,138,000. Hedge funds and other institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Price Performance

GSG stock opened at $21.20 on Wednesday. The company’s 50-day moving average price is $21.06 and its 200 day moving average price is $21.74. iShares S&P GSCI Commodity-Indexed Trust has a 52 week low of $19.41 and a 52 week high of $23.08.

iShares S&P GSCI Commodity-Indexed Trust Company 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.