iShares Gold Trust $IAU Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc cut its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 19.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 161,536 shares of the exchange traded fund’s stock after selling 38,921 shares during the period. Prospera Financial Services Inc’s holdings in iShares Gold Trust were worth $13,112,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC acquired a new position in shares of iShares Gold Trust during the fourth quarter valued at $2,400,000. Planning Alternatives Ltd. ADV acquired a new position in shares of iShares Gold Trust during the fourth quarter valued at $377,000. Associated Banc Corp increased its holdings in shares of iShares Gold Trust by 7.7% during the fourth quarter. Associated Banc Corp now owns 2,964 shares of the exchange traded fund’s stock valued at $241,000 after purchasing an additional 213 shares during the period. New Millennium Group LLC increased its holdings in shares of iShares Gold Trust by 6.5% during the fourth quarter. New Millennium Group LLC now owns 10,502 shares of the exchange traded fund’s stock valued at $852,000 after purchasing an additional 642 shares during the period. Finally, Delta Financial Advisors LLC increased its holdings in shares of iShares Gold Trust by 1.0% during the fourth quarter. Delta Financial Advisors LLC now owns 81,124 shares of the exchange traded fund’s stock valued at $6,585,000 after purchasing an additional 802 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

Shares of IAU opened at $84.81 on Friday. The firm has a market capitalization of $72.20 billion, a price-to-earnings ratio of 5.53 and a beta of 0.16. iShares Gold Trust has a one year low of $61.37 and a one year high of $104.40. The stock’s fifty day moving average is $88.05 and its 200-day moving average is $86.98.

Key Stories Impacting iShares Gold Trust

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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).

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)

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