MA Private Wealth Has $11.48 Million Stock Position in iShares Gold Trust $IAU

MA Private Wealth grew its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 10.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 157,758 shares of the exchange traded fund’s stock after purchasing an additional 14,705 shares during the quarter. iShares Gold Trust makes up about 1.9% of MA Private Wealth’s holdings, making the stock its 17th largest position. MA Private Wealth’s holdings in iShares Gold Trust were worth $11,480,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in shares of iShares Gold Trust by 47.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock worth $1,493,292,000 after buying an additional 6,623,876 shares in the last quarter. Citigroup Inc. increased its position in shares of iShares Gold Trust by 809.1% during the second quarter. Citigroup Inc. now owns 5,108,818 shares of the exchange traded fund’s stock valued at $318,586,000 after acquiring an additional 4,546,835 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Gold Trust by 67.5% during the second quarter. JPMorgan Chase & Co. now owns 10,919,614 shares of the exchange traded fund’s stock worth $680,947,000 after acquiring an additional 4,398,605 shares during the period. Prudential Financial Inc. boosted its position in iShares Gold Trust by 2,152.7% in the second quarter. Prudential Financial Inc. now owns 3,494,106 shares of the exchange traded fund’s stock worth $217,892,000 after purchasing an additional 3,339,000 shares during the last quarter. Finally, Packer & Co Ltd bought a new position in iShares Gold Trust in the 3rd quarter valued at $156,463,000. 59.67% of the stock is owned by institutional investors.

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iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock opened at $93.24 on Monday. The firm has a market cap of $78.73 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 1 year low of $53.44 and a 1 year high of $104.40. The stock has a fifty day moving average price of $85.69 and a 200-day moving average price of $76.14.

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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