Capital Group Private Client Services Inc. Invests $503,000 in iShares S&P GSCI Commodity-Indexed Trust $GSG

Capital Group Private Client Services Inc. purchased a new position in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) during the 4th quarter, HoldingsChannel reports. The firm purchased 21,806 shares of the company’s stock, valued at approximately $503,000.

Several other hedge funds also recently modified their holdings of GSG. Avestar Capital LLC raised its holdings in iShares S&P GSCI Commodity-Indexed Trust by 13.9% during the fourth quarter. Avestar Capital LLC now owns 28,750 shares of the company’s stock valued at $663,000 after buying an additional 3,500 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 30.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 667,983 shares of the company’s stock worth $15,404,000 after buying an additional 155,963 shares during the period. Prospera Financial Services Inc boosted its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 2.3% during the 4th quarter. Prospera Financial Services Inc now owns 65,966 shares of the company’s stock worth $1,521,000 after buying an additional 1,465 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 14.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 25,545 shares of the company’s stock worth $589,000 after buying an additional 3,219 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 1,678.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 641,500 shares of the company’s stock worth $14,793,000 after buying an additional 605,422 shares during the period. Institutional investors and hedge funds own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Stock Performance

NYSEARCA GSG opened at $31.59 on Monday. The company has a fifty day simple moving average of $32.69 and a 200 day simple moving average of $27.79. The company has a market cap of $998.24 million, a P/E ratio of 4.78 and a beta of 0.02. iShares S&P GSCI Commodity-Indexed Trust has a 1 year low of $21.83 and a 1 year high of $34.94.

iShares S&P GSCI Commodity-Indexed Trust 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.