Quent Long Short Global Small Cap Fund LP Acquires Shares of 415,374 iShares Gold Trust $IAU

Quent Long Short Global Small Cap Fund LP purchased a new stake in iShares Gold Trust (NYSEARCA:IAUFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 415,374 shares of the exchange traded fund’s stock, valued at approximately $33,716,000. iShares Gold Trust comprises approximately 2.7% of Quent Long Short Global Small Cap Fund LP’s portfolio, making the stock its 8th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in IAU. Schmidt P J Investment Management Inc. lifted its holdings in iShares Gold Trust by 1.1% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock valued at $760,000 after purchasing an additional 106 shares during the last quarter. Foster Group Inc. grew its position in shares of iShares Gold Trust by 2.4% in the 4th quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock worth $416,000 after buying an additional 120 shares during the period. Two West Capital Advisors LLC increased its stake in shares of iShares Gold Trust by 1.9% in the 4th quarter. Two West Capital Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock worth $571,000 after acquiring an additional 132 shares in the last quarter. Evolution Wealth Advisors LLC lifted its position in iShares Gold Trust by 1.5% during the 3rd quarter. Evolution Wealth Advisors LLC now owns 8,875 shares of the exchange traded fund’s stock valued at $646,000 after acquiring an additional 135 shares during the period. Finally, Axecap Investments LLC boosted its stake in iShares Gold Trust by 1.0% during the third quarter. Axecap Investments LLC now owns 14,316 shares of the exchange traded fund’s stock worth $1,042,000 after acquiring an additional 137 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust News Roundup

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Stock Performance

IAU stock opened at $88.34 on Friday. The firm has a 50 day moving average price of $91.67 and a 200-day moving average price of $85.59. iShares Gold Trust has a 52-week low of $59.71 and a 52-week high of $104.40. The firm has a market capitalization of $75.21 billion, a price-to-earnings ratio of 5.53 and a beta of 0.20.

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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