Avantax Advisory Services Inc. Purchases 2,687 Shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG)

Avantax Advisory Services Inc. boosted its position in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 14.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 20,960 shares of the company’s stock after acquiring an additional 2,687 shares during the period. Avantax Advisory Services Inc.’s holdings in iShares S&P GSCI Commodity-Indexed Trust were worth $456,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Allworth Financial LP purchased a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter worth about $40,000. Synergy Asset Management LLC bought a new position in iShares S&P GSCI Commodity-Indexed Trust during the 4th quarter valued at approximately $80,000. Golden State Wealth Management LLC purchased a new stake in iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter worth approximately $93,000. Amundi grew its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 20.5% in the 4th quarter. Amundi now owns 5,300 shares of the company’s stock worth $117,000 after buying an additional 900 shares during the last quarter. Finally, First Commonwealth Financial Corp PA increased its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 11.3% during the third quarter. First Commonwealth Financial Corp PA now owns 13,867 shares of the company’s stock valued at $291,000 after buying an additional 1,412 shares during the period. Hedge funds and other institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Stock Down 0.4 %

Shares of iShares S&P GSCI Commodity-Indexed Trust stock opened at $22.30 on Monday. The company has a market cap of $1.03 billion, a PE ratio of 4.87 and a beta of 0.47. The business has a 50 day moving average of $22.53 and a 200 day moving average of $21.71. iShares S&P GSCI Commodity-Indexed Trust has a 52 week low of $19.73 and a 52 week high of $23.32.

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.