Uptick Partners LLC Invests $1.48 Million in iShares Gold Trust $IAU

Uptick Partners LLC acquired a new position in iShares Gold Trust (NYSEARCA:IAUFree Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 18,231 shares of the exchange traded fund’s stock, valued at approximately $1,480,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Schmidt P J Investment Management Inc. lifted its holdings in iShares Gold Trust by 1.1% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock worth $760,000 after purchasing an additional 106 shares during the period. Foster Group Inc. increased its stake in iShares Gold Trust by 2.4% during the 4th quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock valued at $416,000 after buying an additional 120 shares during the period. Two West Capital Advisors LLC raised its position in shares of iShares Gold Trust by 1.9% during the 4th quarter. Two West Capital Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock worth $571,000 after buying an additional 132 shares in the last quarter. Focused Wealth Management Inc raised its position in shares of iShares Gold Trust by 3.4% during the 4th quarter. Focused Wealth Management Inc now owns 4,063 shares of the exchange traded fund’s stock worth $330,000 after buying an additional 132 shares in the last quarter. Finally, Evolution Wealth Advisors LLC lifted its stake in shares of iShares Gold Trust by 1.5% in the 3rd quarter. Evolution Wealth Advisors LLC now owns 8,875 shares of the exchange traded fund’s stock worth $646,000 after acquiring an additional 135 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust News Summary

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

iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $86.85 on Friday. The firm has a 50 day simple moving average of $90.99 and a 200-day simple moving average of $86.00. The stock has a market capitalization of $73.94 billion, a PE ratio of 5.53 and a beta of 0.20. iShares Gold Trust has a 12-month low of $59.71 and a 12-month high of $104.40.

About iShares Gold Trust

(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).

See Also

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

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