Systelligence LLC Has $8.05 Million Holdings in iShares Gold Trust $IAU

Systelligence LLC lifted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 7.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 129,088 shares of the exchange traded fund’s stock after purchasing an additional 8,998 shares during the quarter. Systelligence LLC’s holdings in iShares Gold Trust were worth $8,050,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Private Wealth Management Group LLC raised its position in shares of iShares Gold Trust by 290.9% during the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 320 shares during the period. ShoreHaven Wealth Partners LLC raised its position in shares of iShares Gold Trust by 8.5% during the second quarter. ShoreHaven Wealth Partners LLC now owns 60,475 shares of the exchange traded fund’s stock worth $3,771,000 after purchasing an additional 4,723 shares during the period. JTC Employer Solutions Trustee Ltd raised its position in shares of iShares Gold Trust by 949.5% during the second quarter. JTC Employer Solutions Trustee Ltd now owns 17,820 shares of the exchange traded fund’s stock worth $1,111,000 after purchasing an additional 16,122 shares during the period. Stratos Wealth Partners LTD. raised its position in shares of iShares Gold Trust by 14.0% during the second quarter. Stratos Wealth Partners LTD. now owns 208,161 shares of the exchange traded fund’s stock worth $12,981,000 after purchasing an additional 25,511 shares during the period. Finally, AssuredPartners Investment Advisors LLC raised its position in shares of iShares Gold Trust by 3,321.5% during the second quarter. AssuredPartners Investment Advisors LLC now owns 118,041 shares of the exchange traded fund’s stock worth $7,361,000 after purchasing an additional 114,591 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Down 1.9%

Shares of NYSEARCA:IAU opened at $79.63 on Friday. iShares Gold Trust has a twelve month low of $48.29 and a twelve month high of $81.34. The stock’s 50 day moving average is $69.25 and its 200-day moving average is $64.74. The firm has a market capitalization of $66.22 billion, a price-to-earnings 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.