Beacon Pointe Advisors LLC Has $197,000 Stake in iShares S&P GSCI Commodity Indexed Trust (NYSEARCA:GSG)

Beacon Pointe Advisors LLC trimmed its stake in iShares S&P GSCI Commodity Indexed Trust (NYSEARCA:GSG) by 6.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,597 shares of the company’s stock after selling 925 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in iShares S&P GSCI Commodity Indexed Trust were worth $197,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Asset Dedication LLC grew its position in iShares S&P GSCI Commodity Indexed Trust by 293.1% during the second quarter. Asset Dedication LLC now owns 6,749 shares of the company’s stock valued at $108,000 after acquiring an additional 5,032 shares during the period. Advisory Services Network LLC grew its position in iShares S&P GSCI Commodity Indexed Trust by 407.1% during the second quarter. Advisory Services Network LLC now owns 7,799 shares of the company’s stock valued at $122,000 after acquiring an additional 6,261 shares during the period. Cetera Advisor Networks LLC purchased a new stake in iShares S&P GSCI Commodity Indexed Trust during the second quarter valued at about $199,000. HighTower Advisors LLC grew its position in iShares S&P GSCI Commodity Indexed Trust by 31.8% during the second quarter. HighTower Advisors LLC now owns 14,132 shares of the company’s stock valued at $221,000 after acquiring an additional 3,411 shares during the period. Finally, Global Trust Asset Management LLC lifted its stake in shares of iShares S&P GSCI Commodity Indexed Trust by 127.4% during the second quarter. Global Trust Asset Management LLC now owns 23,503 shares of the company’s stock worth $368,000 after purchasing an additional 13,167 shares in the last quarter.

Shares of GSG traded up $0.25 during midday trading on Friday, reaching $15.26. 216,581 shares of the company were exchanged, compared to its average volume of 669,612. The stock has a 50-day moving average price of $15.08 and a 200-day moving average price of $15.56. iShares S&P GSCI Commodity Indexed Trust has a 1-year low of $13.50 and a 1-year high of $18.15.

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.

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Institutional Ownership by Quarter for iShares S&P GSCI Commodity Indexed Trust (NYSEARCA:GSG)

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