311,793 Shares in iShares Gold Trust (NYSEARCA:IAU) Acquired by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL bought a new position in shares of iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 311,793 shares of the exchange traded fund’s stock, valued at approximately $15,437,000.

A number of other large investors have also recently made changes to their positions in IAU. Tucker Asset Management LLC increased its stake in shares of iShares Gold Trust by 106.9% during the fourth quarter. Tucker Asset Management LLC now owns 509 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 263 shares during the period. Compass Financial Services Inc purchased a new stake in shares of iShares Gold Trust during the fourth quarter worth approximately $27,000. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of iShares Gold Trust during the fourth quarter worth approximately $28,000. Wintrust Investments LLC purchased a new stake in shares of iShares Gold Trust during the fourth quarter worth approximately $29,000. Finally, Financial Life Planners purchased a new stake in shares of iShares Gold Trust during the fourth quarter worth approximately $33,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

IAU stock opened at $63.23 on Tuesday. The firm has a market capitalization of $46.45 billion, a price-to-earnings ratio of -37.96 and a beta of 0.17. iShares Gold Trust has a fifty-two week low of $43.05 and a fifty-two week high of $64.98. The company’s 50 day moving average price is $57.93 and its 200 day moving average price is $53.46.

About iShares Gold Trust

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.