James Investment Research Inc. Sells 630 Shares of iShares Gold Trust (NYSEARCA:IAU)

James Investment Research Inc. trimmed its position in iShares Gold Trust (NYSEARCA:IAU) by 0.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 359,864 shares of the exchange traded fund’s stock after selling 630 shares during the period. iShares Gold Trust makes up approximately 2.1% of James Investment Research Inc.’s investment portfolio, making the stock its 6th largest holding. James Investment Research Inc.’s holdings in iShares Gold Trust were worth $17,817,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of IAU. Nkcfo LLC boosted its holdings in iShares Gold Trust by 49.3% during the fourth quarter. Nkcfo LLC now owns 229,200 shares of the exchange traded fund’s stock worth $11,348,000 after purchasing an additional 75,650 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in iShares Gold Trust during the 4th quarter worth about $442,000. Allworth Financial LP boosted its stake in shares of iShares Gold Trust by 29.8% during the 4th quarter. Allworth Financial LP now owns 266,862 shares of the exchange traded fund’s stock worth $13,885,000 after buying an additional 61,324 shares during the last quarter. Principal Securities Inc. grew its holdings in shares of iShares Gold Trust by 46.6% in the 4th quarter. Principal Securities Inc. now owns 21,307 shares of the exchange traded fund’s stock valued at $1,055,000 after acquiring an additional 6,775 shares in the last quarter. Finally, Ellis Investment Partners LLC increased its position in shares of iShares Gold Trust by 1.6% in the fourth quarter. Ellis Investment Partners LLC now owns 16,357 shares of the exchange traded fund’s stock valued at $810,000 after acquiring an additional 257 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Down 1.5 %

IAU opened at $54.46 on Friday. The business’s 50-day simple moving average is $51.28 and its 200 day simple moving average is $49.83. iShares Gold Trust has a 52-week low of $37.76 and a 52-week high of $55.29.

About iShares Gold Trust

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.