May Hill Capital LLC Buys 12,537 Shares of iShares Gold Trust $IAU

May Hill Capital LLC increased its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 87.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,808 shares of the exchange traded fund’s stock after buying an additional 12,537 shares during the period. May Hill Capital LLC’s holdings in iShares Gold Trust were worth $1,951,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in IAU. MTM Investment Management LLC purchased a new stake in shares of iShares Gold Trust in the second quarter worth $25,000. Abich Financial Wealth Management LLC purchased a new position in shares of iShares Gold Trust in the 3rd quarter worth about $25,000. Key Financial Inc bought a new position in iShares Gold Trust in the 2nd quarter worth about $28,000. Mountain Hill Investment Partners Corp. purchased a new stake in iShares Gold Trust during the 3rd quarter valued at about $29,000. Finally, Traub Capital Management LLC bought a new stake in iShares Gold Trust during the 2nd quarter valued at about $31,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

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iShares Gold Trust Stock Down 3.1%

Shares of NYSEARCA IAU opened at $91.82 on Wednesday. The firm has a market cap of $77.53 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a twelve month low of $53.44 and a twelve month high of $104.40. The company has a 50 day moving average of $87.79 and a 200 day moving average of $77.70.

About iShares Gold Trust

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

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