Sumitomo Life Insurance Co. Acquires Shares of 1,746,896 iShares S&P GSCI Commodity-Indexed Trust $GSG

Sumitomo Life Insurance Co. acquired a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) in the 4th quarter, Holdings Channel reports. The firm acquired 1,746,896 shares of the company’s stock, valued at approximately $40,283,000. iShares S&P GSCI Commodity-Indexed Trust accounts for about 1.1% of Sumitomo Life Insurance Co.’s holdings, making the stock its 16th biggest position.

Several other institutional investors have also bought and sold shares of the business. Jane Street Group LLC bought a new position in iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter valued at $746,000. Callan Family Office LLC bought a new position in iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter valued at $4,208,000. M Holdings Securities Inc. lifted its position in iShares S&P GSCI Commodity-Indexed Trust by 98.9% during the fourth quarter. M Holdings Securities Inc. now owns 27,539 shares of the company’s stock valued at $635,000 after purchasing an additional 13,694 shares during the last quarter. JPMorgan Chase & Co. lifted its position in iShares S&P GSCI Commodity-Indexed Trust by 548.8% during the fourth 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 last quarter. Finally, Capital Group Private Client Services Inc. bought a new position in iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter valued at $503,000. Institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Stock Down 1.2%

GSG stock opened at $30.58 on Friday. iShares S&P GSCI Commodity-Indexed Trust has a 52 week low of $21.93 and a 52 week high of $34.94. The company has a fifty day simple moving average of $32.61 and a two-hundred day simple moving average of $28.04. The firm has a market capitalization of $966.33 million, a P/E ratio of 4.78 and a beta of 0.02.

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.