Pictet North America Advisors SA Purchases New Shares in iShares Gold Trust $IAU

Pictet North America Advisors SA acquired a new stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) in the 3rd quarter, Holdings Channel reports. The firm acquired 275,500 shares of the exchange traded fund’s stock, valued at approximately $20,048,000. iShares Gold Trust accounts for about 1.9% of Pictet North America Advisors SA’s holdings, making the stock its 19th biggest position.

A number of other large investors have also recently made changes to their positions in IAU. Ehrlich Financial Group raised its holdings in iShares Gold Trust by 15.3% during the 3rd quarter. Ehrlich Financial Group now owns 44,884 shares of the exchange traded fund’s stock valued at $3,266,000 after buying an additional 5,943 shares during the period. Bay Harbor Wealth Management LLC increased its position in iShares Gold Trust by 63.6% during the third quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock valued at $4,041,000 after acquiring an additional 21,596 shares during the last quarter. Bryn Mawr Trust Advisors LLC raised its stake in shares of iShares Gold Trust by 79.9% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 51,910 shares of the exchange traded fund’s stock valued at $3,237,000 after acquiring an additional 23,054 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of iShares Gold Trust by 24.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 126,633 shares of the exchange traded fund’s stock worth $9,215,000 after acquiring an additional 25,146 shares during the last quarter. Finally, Americana Partners LLC boosted its stake in shares of iShares Gold Trust by 9.0% during the 2nd quarter. Americana Partners LLC now owns 26,166 shares of the exchange traded fund’s stock worth $1,632,000 after purchasing an additional 2,158 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust News Summary

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

iShares Gold Trust Trading Up 0.5%

Shares of NYSEARCA:IAU opened at $81.56 on Friday. iShares Gold Trust has a 12 month low of $49.51 and a 12 month high of $85.68. The company has a market capitalization of $67.21 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The firm’s 50-day moving average is $78.96 and its 200 day moving average is $71.28.

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).

See Also

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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