iShares Gold Trust $IAU Shares Acquired by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC increased its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 40.9% during the third quarter, Holdings Channel.com reports. The fund owned 489,655 shares of the exchange traded fund’s stock after acquiring an additional 142,233 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares Gold Trust were worth $35,632,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MTM Investment Management LLC acquired a new position in shares of iShares Gold Trust in the 2nd quarter worth approximately $25,000. Abich Financial Wealth Management LLC acquired a new stake in iShares Gold Trust during the third quarter valued at approximately $25,000. Key Financial Inc bought a new stake in iShares Gold Trust during the second quarter worth approximately $28,000. Mountain Hill Investment Partners Corp. bought a new stake in iShares Gold Trust during the third quarter worth approximately $29,000. Finally, Traub Capital Management LLC acquired a new position in iShares Gold Trust in the second quarter worth approximately $31,000. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $99.07 on Monday. iShares Gold Trust has a 1 year low of $53.44 and a 1 year high of $104.40. The business’s fifty day moving average is $90.29 and its two-hundred day moving average is $79.56. The stock has a market capitalization of $83.65 billion, a P/E ratio of 5.53 and a beta of 0.09.

Key iShares Gold Trust News

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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).

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

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