iShares Gold Trust $IAU Shares Sold by Stephens Inc. AR

Stephens Inc. AR lowered its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 4.4% during the first quarter, HoldingsChannel reports. The firm owned 273,835 shares of the exchange traded fund’s stock after selling 12,743 shares during the period. Stephens Inc. AR’s holdings in iShares Gold Trust were worth $24,141,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. acquired a new stake in shares of iShares Gold Trust in the fourth quarter valued at about $25,000. Monetary Solutions Ltd purchased a new stake in iShares Gold Trust during the 4th quarter valued at about $26,000. Merkkuri Wealth Advisors LLC purchased a new stake in iShares Gold Trust during the 1st quarter valued at about $26,000. Fairway Wealth LLC raised its holdings in iShares Gold Trust by 525.0% in the 1st quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 252 shares during the last quarter. Finally, Rossby Financial LCC lifted its stake in iShares Gold Trust by 75.7% in the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 140 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

Key Stories Impacting iShares Gold Trust

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

iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock opened at $77.51 on Monday. iShares Gold Trust has a 1-year low of $61.60 and a 1-year high of $104.40. The stock has a market cap of $64.02 billion, a P/E ratio of 5.53 and a beta of 0.18. The stock’s 50 day simple moving average is $82.89 and its 200-day simple moving average is $87.50.

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).

Further Reading

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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