Rakuten Investment Management Inc. Takes $2.72 Million Position in iShares S&P GSCI Commodity-Indexed Trust $GSG

Rakuten Investment Management Inc. acquired a new position in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 118,000 shares of the company’s stock, valued at approximately $2,718,000. Rakuten Investment Management Inc. owned about 0.25% of iShares S&P GSCI Commodity-Indexed Trust as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GSG. Strengthening Families & Communities LLC purchased a new position in iShares S&P GSCI Commodity-Indexed Trust during the 2nd quarter worth $26,000. Headlands Technologies LLC acquired a new stake in iShares S&P GSCI Commodity-Indexed Trust during the 2nd quarter worth about $35,000. Sound Income Strategies LLC acquired a new stake in iShares S&P GSCI Commodity-Indexed Trust during the second quarter worth about $41,000. Amundi grew its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 41.5% during the 1st quarter. Amundi now owns 7,500 shares of the company’s stock worth $165,000 after purchasing an additional 2,200 shares during the period. Finally, Fifth Third Securities Inc. increased its holdings in iShares S&P GSCI Commodity-Indexed Trust by 19.6% in the second quarter. Fifth Third Securities Inc. now owns 10,783 shares of the company’s stock valued at $238,000 after buying an additional 1,764 shares in the last quarter. Hedge funds and other institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Trading Up 2.0%

NYSEARCA GSG opened at $24.76 on Friday. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 4.78 and a beta of 0.25. iShares S&P GSCI Commodity-Indexed Trust has a twelve month low of $19.86 and a twelve month high of $24.78. The stock has a 50-day moving average of $23.33 and a 200 day moving average of $22.96.

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.