iShares Gold Trust $IAU Shares Acquired by Arkos Global Advisors

Arkos Global Advisors grew its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 51.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 314,711 shares of the exchange traded fund’s stock after acquiring an additional 106,560 shares during the quarter. iShares Gold Trust comprises 2.9% of Arkos Global Advisors’ holdings, making the stock its 10th largest position. Arkos Global Advisors’ holdings in iShares Gold Trust were worth $22,902,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Creative Planning increased its position in shares of iShares Gold Trust by 3.5% during the third quarter. Creative Planning now owns 790,958 shares of the exchange traded fund’s stock worth $57,558,000 after purchasing an additional 26,814 shares in the last quarter. Zacks Investment Management acquired a new stake in iShares Gold Trust during the 3rd quarter worth $243,000. Prairie Wealth Advisors Inc. boosted its stake in iShares Gold Trust by 1.1% during the 3rd quarter. Prairie Wealth Advisors Inc. now owns 122,322 shares of the exchange traded fund’s stock worth $8,901,000 after purchasing an additional 1,386 shares during the last quarter. Cardiff Park Advisors LLC grew its holdings in shares of iShares Gold Trust by 15.7% during the third quarter. Cardiff Park Advisors LLC now owns 29,918 shares of the exchange traded fund’s stock worth $2,177,000 after buying an additional 4,069 shares in the last quarter. Finally, Financial Sense Advisors Inc. grew its holdings in shares of iShares Gold Trust by 4.6% during the third quarter. Financial Sense Advisors Inc. now owns 70,973 shares of the exchange traded fund’s stock worth $5,165,000 after buying an additional 3,120 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Down 1.3%

Shares of NYSEARCA IAU opened at $94.38 on Friday. The firm has a 50-day simple moving average of $93.05 and a 200-day simple moving average of $81.80. The stock has a market capitalization of $79.69 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52 week low of $55.78 and a 52 week high of $104.40.

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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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