Envestnet Asset Management Inc. boosted its position in iShares S&P GSCI Commodity Indexed Trust (NYSEARCA:GSG – Get Rating) by 92.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 634,486 shares of the company’s stock after buying an additional 304,766 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares S&P GSCI Commodity Indexed Trust were worth $14,371,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Sierra Capital LLC lifted its holdings in iShares S&P GSCI Commodity Indexed Trust by 132.1% in the first quarter. Sierra Capital LLC now owns 443,840 shares of the company’s stock valued at $10,053,000 after buying an additional 252,609 shares during the period. WealthPLAN Partners LLC acquired a new position in shares of iShares S&P GSCI Commodity Indexed Trust during the first quarter valued at about $218,000. International Assets Investment Management LLC acquired a new position in shares of iShares S&P GSCI Commodity Indexed Trust during the first quarter valued at about $202,000. Atria Investments LLC acquired a new position in shares of iShares S&P GSCI Commodity Indexed Trust during the first quarter valued at about $2,222,000. Finally, Capital Advisory Group Advisory Services LLC acquired a new position in shares of iShares S&P GSCI Commodity Indexed Trust during the first quarter valued at about $633,000. Institutional investors and hedge funds own 44.47% of the company’s stock.
iShares S&P GSCI Commodity Indexed Trust Trading Down 1.3 %
Shares of NYSEARCA GSG opened at $21.56 on Friday. The firm’s 50-day moving average price is $23.64 and its 200-day moving average price is $22.72. iShares S&P GSCI Commodity Indexed Trust has a 1-year low of $14.89 and a 1-year high of $26.49.
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.
Further Reading
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