First Commonwealth Financial Corp PA Grows Holdings in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG)

First Commonwealth Financial Corp PA boosted its position in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) by 11.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 13,867 shares of the company’s stock after purchasing an additional 1,412 shares during the period. First Commonwealth Financial Corp PA’s holdings in iShares S&P GSCI Commodity-Indexed Trust were worth $291,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. grew its stake in iShares S&P GSCI Commodity-Indexed Trust by 22.7% in the 2nd quarter. Sumitomo Life Insurance Co. now owns 2,593,494 shares of the company’s stock valued at $57,446,000 after purchasing an additional 479,167 shares during the period. DT Investment Partners LLC purchased a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the 2nd quarter worth about $3,304,000. Bulltick Wealth Management LLC bought a new position in iShares S&P GSCI Commodity-Indexed Trust during the second quarter valued at about $2,884,000. Idaho Trust Bank purchased a new stake in iShares S&P GSCI Commodity-Indexed Trust during the second quarter worth about $2,714,000. Finally, International Assets Investment Management LLC raised its position in iShares S&P GSCI Commodity-Indexed Trust by 1,123.2% in the third quarter. International Assets Investment Management LLC now owns 86,457 shares of the company’s stock worth $1,816,000 after acquiring an additional 79,389 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 Price Performance

iShares S&P GSCI Commodity-Indexed Trust stock opened at $21.12 on Thursday. The firm has a 50 day moving average price of $21.28 and a 200-day moving average price of $21.47. iShares S&P GSCI Commodity-Indexed Trust has a twelve month low of $19.41 and a twelve month high of $23.08.

About iShares S&P GSCI Commodity-Indexed Trust

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.