iShares Gold Trust $IAU Shares Bought by Capital Advisors Inc. OK

Capital Advisors Inc. OK grew its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 90.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 90,196 shares of the exchange traded fund’s stock after buying an additional 42,840 shares during the period. Capital Advisors Inc. OK’s holdings in iShares Gold Trust were worth $6,564,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of IAU. MTM Investment Management LLC acquired a new position in iShares Gold Trust in the second quarter valued at $25,000. Keener Financial Planning LLC acquired a new stake in shares of iShares Gold Trust during the second quarter worth about $25,000. Private Wealth Management Group LLC lifted its holdings in shares of iShares Gold Trust by 290.9% in the 2nd quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 320 shares during the last quarter. Key Financial Inc acquired a new stake in shares of iShares Gold Trust in the 2nd quarter valued at about $28,000. Finally, SOA Wealth Advisors LLC. grew its stake in iShares Gold Trust by 230.0% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 322 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Up 0.5%

IAU opened at $81.56 on Friday. iShares Gold Trust has a 52 week low of $49.51 and a 52 week high of $85.68. The business’s 50 day moving average is $78.96 and its two-hundred day moving average is $71.33. The firm has a market cap of $67.21 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

iShares Gold Trust News Roundup

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iShares Gold Trust Company Profile

(Free Report)

iShares Gold Trust (the Trust) is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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