Arkansas Financial Group Inc. Has $2.43 Million Stock Position in iShares Gold Trust $IAU

Arkansas Financial Group Inc. raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 45.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,159 shares of the exchange traded fund’s stock after buying an additional 10,370 shares during the quarter. Arkansas Financial Group Inc.’s holdings in iShares Gold Trust were worth $2,428,000 as of its most recent SEC filing.

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

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iShares Gold Trust Stock Up 0.7%

IAU stock opened at $84.89 on Friday. iShares Gold Trust has a twelve month low of $50.14 and a twelve month high of $85.68. The company has a market cap of $71.29 billion, a PE ratio of 5.53 and a beta of 0.09. The business’s 50-day simple moving average is $79.88 and its 200 day simple moving average is $72.06.

iShares Gold Trust 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).

See Also

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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