Uptick Partners LLC Buys Shares of 18,231 iShares Gold Trust $IAU

Uptick Partners LLC bought a new position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,231 shares of the exchange traded fund’s stock, valued at approximately $1,480,000.

Several other hedge funds and other institutional investors have also modified their holdings of IAU. Bank of America Corp DE raised its stake in iShares Gold Trust by 1.5% during the third quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock worth $2,241,280,000 after acquiring an additional 456,140 shares during the period. Envestnet Asset Management Inc. boosted its stake in iShares Gold Trust by 47.7% in the third quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock valued at $1,493,292,000 after acquiring an additional 6,623,876 shares during the period. JPMorgan Chase & Co. boosted its stake 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 valued at $958,034,000 after acquiring an additional 2,245,617 shares during the period. UBS Group AG grew its holdings in shares of iShares Gold Trust by 6.5% during the third quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock valued at $665,704,000 after purchasing an additional 561,489 shares during the last quarter. Finally, Ameriprise Financial Inc. grew 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 purchasing an additional 148,881 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 1.5%

Shares of iShares Gold Trust stock opened at $86.85 on Friday. The stock has a market capitalization of $73.94 billion, a price-to-earnings ratio of 5.53 and a beta of 0.20. iShares Gold Trust has a twelve month low of $59.71 and a twelve month high of $104.40. The business’s 50 day simple moving average is $90.99 and its 200-day simple moving average is $86.00.

iShares Gold Trust News Summary

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).

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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