PNC Financial Services Group Inc. Sells 660 Shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG)

PNC Financial Services Group Inc. lessened its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 23.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,170 shares of the company’s stock after selling 660 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares S&P GSCI Commodity-Indexed Trust were worth $47,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of GSG. Sumitomo Life Insurance Co. acquired a new stake in iShares S&P GSCI Commodity-Indexed Trust during the 4th quarter valued at approximately $34,751,000. Heartland Bank & Trust Co boosted its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 2,752.5% in the 4th quarter. Heartland Bank & Trust Co now owns 295,895 shares of the company’s stock valued at $6,442,000 after purchasing an additional 285,522 shares during the last quarter. Sovran Advisors LLC acquired a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter worth $3,221,000. Quent Capital LLC raised its stake in iShares S&P GSCI Commodity-Indexed Trust by 28.6% during the fourth quarter. Quent Capital LLC now owns 506,523 shares of the company’s stock worth $11,027,000 after buying an additional 112,668 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter valued at $1,084,000. Institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Price Performance

NYSEARCA GSG opened at $22.44 on Thursday. The stock has a market capitalization of $1.03 billion, a P/E ratio of 4.87 and a beta of 0.47. The business has a 50 day simple moving average of $22.50 and a 200 day simple moving average of $21.74. iShares S&P GSCI Commodity-Indexed Trust has a one year low of $19.73 and a one 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.