iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Sees Large Volume Increase – What’s Next?

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) shares saw an uptick in trading volume on Monday . 583,990 shares traded hands during trading, an increase of 35% from the previous session’s volume of 431,161 shares.The stock last traded at $22.60 and had previously closed at $22.52.

iShares S&P GSCI Commodity-Indexed Trust Trading Down 0.6 %

The firm’s 50 day simple moving average is $21.93 and its 200-day simple moving average is $21.40.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. US Bancorp DE boosted its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 107.6% during the 4th quarter. US Bancorp DE now owns 15,479 shares of the company’s stock valued at $337,000 after acquiring an additional 8,022 shares during the last quarter. Allworth Financial LP acquired a new position in shares of iShares S&P GSCI Commodity-Indexed Trust during the 4th quarter valued at about $40,000. Avestar Capital LLC purchased a new stake in iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter valued at about $452,000. Quent Capital LLC raised its holdings in iShares S&P GSCI Commodity-Indexed Trust by 28.6% in the 4th quarter. Quent Capital LLC now owns 506,523 shares of the company’s stock valued at $11,027,000 after buying an additional 112,668 shares during the period. Finally, Sovran Advisors LLC purchased a new stake in iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter valued at about $3,221,000. Institutional investors and hedge funds own 60.67% of the company’s stock.

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.