BOK Financial Private Wealth Inc. Raises Holdings in iShares Gold Trust $IAU

BOK Financial Private Wealth Inc. lifted its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 52.4% during the third quarter, Holdings Channel reports. The institutional investor owned 60,999 shares of the exchange traded fund’s stock after purchasing an additional 20,968 shares during the quarter. BOK Financial Private Wealth Inc.’s holdings in iShares Gold Trust were worth $4,439,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Maridea Wealth Management LLC increased its holdings in iShares Gold Trust by 14.4% in the third quarter. Maridea Wealth Management LLC now owns 12,571 shares of the exchange traded fund’s stock valued at $915,000 after buying an additional 1,578 shares in the last quarter. May Hill Capital LLC increased its stake in iShares Gold Trust by 87.8% in the 3rd quarter. May Hill Capital LLC now owns 26,808 shares of the exchange traded fund’s stock valued at $1,951,000 after purchasing an additional 12,537 shares in the last quarter. Clear Investment Research LLC raised its holdings in iShares Gold Trust by 82.3% during the third quarter. Clear Investment Research LLC now owns 5,915 shares of the exchange traded fund’s stock worth $430,000 after purchasing an additional 2,671 shares during the last quarter. Wealthcare Advisory Partners LLC raised its holdings in iShares Gold Trust by 2.6% during the third quarter. Wealthcare Advisory Partners LLC now owns 30,625 shares of the exchange traded fund’s stock worth $2,229,000 after purchasing an additional 789 shares during the last quarter. Finally, Merit Financial Group LLC boosted its position in iShares Gold Trust by 64.8% during the third quarter. Merit Financial Group LLC now owns 578,361 shares of the exchange traded fund’s stock worth $42,087,000 after purchasing an additional 227,485 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $91.82 on Wednesday. iShares Gold Trust has a fifty-two week low of $53.44 and a fifty-two week high of $104.40. The firm has a market capitalization of $77.53 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The stock’s fifty day moving average is $87.79 and its two-hundred day moving average is $77.70.

iShares Gold Trust News Roundup

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust 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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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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