Marino Management LLC Takes Position in iShares S&P GSCI Commodity-Indexed Trust $GSG

Marino Management LLC acquired a new stake in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) during the fourth quarter, Holdings Channel.com reports. The firm acquired 52,091 shares of the company’s stock, valued at approximately $1,214,000. iShares S&P GSCI Commodity-Indexed Trust accounts for 0.2% of Marino Management LLC’s portfolio, making the stock its 10th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GSG. Sumitomo Life Insurance Co. acquired a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter valued at about $40,283,000. Quent Long Short Global Small Cap Fund LP acquired a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter valued at about $19,222,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 1,678.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 641,500 shares of the company’s stock valued at $14,793,000 after purchasing an additional 605,422 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 548.8% in the 4th quarter. JPMorgan Chase & Co. now owns 597,191 shares of the company’s stock valued at $13,771,000 after purchasing an additional 505,140 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 71.0% in the 3rd quarter. Bank of America Corp DE now owns 780,032 shares of the company’s stock valued at $17,917,000 after purchasing an additional 323,907 shares during the period. 60.67% of the stock is owned by institutional investors and hedge funds.

iShares S&P GSCI Commodity-Indexed Trust Price Performance

Shares of NYSEARCA:GSG opened at $30.58 on Monday. The company has a market capitalization of $966.33 million, a price-to-earnings ratio of 4.78 and a beta of 0.02. The business’s 50-day moving average is $32.61 and its 200-day moving average is $28.07. iShares S&P GSCI Commodity-Indexed Trust has a 1 year low of $21.93 and a 1 year high of $34.94.

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. The Trust is a commodity pool.