iShares Gold Trust $IAU Shares Bought by Crcm LP

Crcm LP grew its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 40.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 392,680 shares of the exchange traded fund’s stock after purchasing an additional 112,440 shares during the quarter. iShares Gold Trust comprises approximately 7.6% of Crcm LP’s investment portfolio, making the stock its 5th biggest holding. Crcm LP’s holdings in iShares Gold Trust were worth $28,575,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Envestnet Asset Management Inc. grew its stake in iShares Gold Trust by 47.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock worth $1,493,292,000 after buying an additional 6,623,876 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares Gold Trust by 20.6% in the third quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock worth $958,034,000 after acquiring an additional 2,245,617 shares in the last quarter. WealthNavi Inc. grew its stake in shares of iShares Gold Trust by 8.5% during the third quarter. WealthNavi Inc. now owns 7,130,543 shares of the exchange traded fund’s stock worth $518,890,000 after acquiring an additional 559,413 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares Gold Trust by 2.3% during the second quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock valued at $412,563,000 after acquiring an additional 148,881 shares in the last quarter. Finally, Truist Financial Corp increased its holdings in shares of iShares Gold Trust by 5.9% during the third quarter. Truist Financial Corp now owns 5,814,190 shares of the exchange traded fund’s stock valued at $423,099,000 after acquiring an additional 323,755 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

Key Headlines Impacting iShares Gold Trust

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

iShares Gold Trust Stock Up 0.8%

IAU stock opened at $96.65 on Thursday. The firm has a 50 day moving average of $91.09 and a 200 day moving average of $80.18. The stock has a market capitalization of $81.61 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52 week low of $54.34 and a 52 week high of $104.40.

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).

Further Reading

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)

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.