iShares Gold Trust $IAU Shares Bought by Purkiss Capital Advisors LLC

Purkiss Capital Advisors LLC grew its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 7.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 177,693 shares of the exchange traded fund’s stock after acquiring an additional 12,085 shares during the quarter. iShares Gold Trust makes up approximately 6.8% of Purkiss Capital Advisors LLC’s holdings, making the stock its 2nd largest position. Purkiss Capital Advisors LLC’s holdings in iShares Gold Trust were worth $14,423,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Abich Financial Wealth Management LLC acquired a new position in iShares Gold Trust in the third quarter worth $25,000. Dakota Community Bank & Trust NA bought a new stake in iShares Gold Trust during the fourth quarter valued at $30,000. Key Capital Management INC acquired a new stake in shares of iShares Gold Trust during the fourth quarter worth $32,000. Mountain Hill Investment Partners Corp. acquired a new stake in shares of iShares Gold Trust during the third quarter worth $29,000. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of iShares Gold Trust in the 3rd quarter worth about $31,000. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $89.06 on Tuesday. iShares Gold Trust has a one year low of $59.71 and a one year high of $104.40. The company has a 50-day simple moving average of $90.07 and a 200-day simple moving average of $86.40. The firm has a market capitalization of $75.82 billion, a PE ratio of 5.53 and a beta of 0.16.

iShares Gold Trust News Summary

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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).

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

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