Lifeworks Advisors LLC acquired a new position in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 337,979 shares of the company’s stock, valued at approximately $10,900,000. iShares S&P GSCI Commodity-Indexed Trust makes up approximately 1.4% of Lifeworks Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Lifeworks Advisors LLC owned approximately 1.07% of iShares S&P GSCI Commodity-Indexed Trust as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also modified their holdings of GSG. JPMorgan Chase & Co. raised its stake in iShares S&P GSCI Commodity-Indexed Trust by 224.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 92,051 shares of the company’s stock worth $2,114,000 after acquiring an additional 63,670 shares in the last quarter. Sumitomo Life Insurance Co. purchased a new stake in iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter valued at $40,283,000. Quent Long Short Global Small Cap Fund LP acquired a new position in iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter valued at $19,222,000. Marino Management LLC acquired a new position in iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter valued at $1,214,000. Finally, Alliance Wealth Advisors LLC UT purchased a new position in shares of iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter worth about $2,421,000. Hedge funds and other institutional investors own 60.67% of the company’s stock.
iShares S&P GSCI Commodity-Indexed Trust Stock Performance
GSG opened at $29.46 on Monday. The business’s 50-day simple moving average is $31.36 and its 200-day simple moving average is $28.92. iShares S&P GSCI Commodity-Indexed Trust has a one year low of $21.93 and a one year high of $34.94. The stock has a market capitalization of $917.68 million, a P/E ratio of 4.78 and a beta of 0.04.
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. The Trust is a commodity pool.
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