WESPAC Advisors LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 21,152 shares of the exchange traded fund’s stock, valued at approximately $1,047,000.
Several other large investors also recently made changes to their positions in IAU. Strategic Financial Concepts LLC bought a new position in iShares Gold Trust in the 4th quarter valued at about $442,000. Sanchez Wealth Management Group bought a new position in iShares Gold Trust in the 4th quarter valued at about $228,000. JPMorgan Chase & Co. lifted its position in iShares Gold Trust by 9.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after acquiring an additional 981,362 shares in the last quarter. Independent Family Office LLC lifted its position in iShares Gold Trust by 4.1% in the 3rd quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after acquiring an additional 16,827 shares in the last quarter. Finally, Silverleafe Capital Partners LLC lifted its position in iShares Gold Trust by 0.4% in the 4th quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock valued at $9,329,000 after acquiring an additional 689 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.
iShares Gold Trust Stock Down 0.1 %
Shares of NYSEARCA IAU opened at $55.39 on Friday. iShares Gold Trust has a fifty-two week low of $38.21 and a fifty-two week high of $55.60. The firm’s 50-day simple moving average is $51.75 and its 200 day simple moving average is $50.16.
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.
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