7,529 Shares in iShares Gold Trust $IAU Acquired by SFI Advisors LLC

SFI Advisors LLC bought a new stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 7,529 shares of the exchange traded fund’s stock, valued at approximately $548,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Keener Financial Planning LLC purchased a new stake in shares of iShares Gold Trust during the 2nd quarter valued at $25,000. MTM Investment Management LLC purchased a new position in iShares Gold Trust in the second quarter worth $25,000. Private Wealth Management Group LLC increased its stake in iShares Gold Trust by 290.9% in the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 320 shares during the last quarter. Key Financial Inc purchased a new stake in iShares Gold Trust during the second quarter valued at about $28,000. Finally, Mountain Hill Investment Partners Corp. purchased a new stake in iShares Gold Trust during the third quarter valued at about $29,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.5%

IAU opened at $86.27 on Monday. The stock has a market capitalization of $72.42 billion, a P/E ratio of 5.53 and a beta of 0.09. The stock has a 50-day moving average price of $81.04 and a 200-day moving average price of $72.97. iShares Gold Trust has a 12-month low of $50.96 and a 12-month high of $87.43.

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iShares Gold Trust Company 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).

Further Reading

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

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