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) saw unusually-high trading volume on Monday . Approximately 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 Stock Performance

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

Institutional Trading of iShares S&P GSCI Commodity-Indexed Trust

A number of large investors have recently made changes to their positions in GSG. Truist Financial Corp boosted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 42.8% in the second quarter. Truist Financial Corp now owns 25,269 shares of the company’s stock valued at $560,000 after purchasing an additional 7,568 shares in the last quarter. Empirical Asset Management LLC boosted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 224.7% in the third quarter. Empirical Asset Management LLC now owns 100,500 shares of the company’s stock valued at $2,110,000 after purchasing an additional 69,552 shares in the last quarter. Heartland Bank & Trust Co acquired a new position in iShares S&P GSCI Commodity-Indexed Trust in the third quarter valued at approximately $218,000. International Assets Investment Management LLC boosted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 1,123.2% in the third quarter. International Assets Investment Management LLC now owns 86,457 shares of the company’s stock valued at $1,816,000 after purchasing an additional 79,389 shares in the last quarter. Finally, DT Investment Partners LLC boosted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 18.7% in the third quarter. DT Investment Partners LLC now owns 177,100 shares of the company’s stock valued at $3,719,000 after purchasing an additional 27,920 shares in the last quarter. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

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.