iShares Gold Trust $IAU Shares Purchased by Euro Pacific Asset Management LLC

Euro Pacific Asset Management LLC grew its position in iShares Gold Trust (NYSEARCA:IAU) by 36.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,061 shares of the exchange traded fund’s stock after purchasing an additional 2,441 shares during the period. Euro Pacific Asset Management LLC’s holdings in iShares Gold Trust were worth $565,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC acquired a new position in shares of iShares Gold Trust during the first quarter worth approximately $27,000. BankPlus Trust Department bought a new stake in iShares Gold Trust during the 1st quarter valued at $27,000. Dunhill Financial LLC boosted its position in iShares Gold Trust by 86.6% during the 1st quarter. Dunhill Financial LLC now owns 472 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 219 shares during the period. Garrison Bradford & Associates Inc. bought a new position in shares of iShares Gold Trust in the first quarter worth $29,000. Finally, North Capital Inc. bought a new position in shares of iShares Gold Trust in the first quarter worth $34,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 1.9%

Shares of NYSEARCA IAU opened at $74.62 on Tuesday. iShares Gold Trust has a fifty-two week low of $48.29 and a fifty-two week high of $74.80. The firm’s 50-day simple moving average is $66.68 and its 200 day simple moving average is $63.55. The stock has a market cap of $61.24 billion, a P/E ratio of 5.53 and a beta of 0.15.

iShares Gold Trust Company Profile

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.