Simon Quick Advisors LLC Takes $546,000 Position in iShares Gold Trust $IAU

Simon Quick Advisors LLC purchased a new position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 7,500 shares of the exchange traded fund’s stock, valued at approximately $546,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in iShares Gold Trust in the fourth quarter worth $1,864,000. Bison Wealth LLC raised its holdings in shares of iShares Gold Trust by 78.5% in the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after buying an additional 7,379 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of iShares Gold Trust by 47.0% in the first quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after buying an additional 8,609 shares during the last quarter. Obsidian Personal Planning Solutions LLC acquired a new position in iShares Gold Trust during the 1st quarter worth about $210,000. Finally, Cape Investment Advisory Inc. lifted its position in iShares Gold Trust by 34.7% during the 1st quarter. Cape Investment Advisory Inc. now owns 3,214 shares of the exchange traded fund’s stock worth $189,000 after buying an additional 828 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 0.5%

IAU opened at $81.56 on Friday. The stock has a market capitalization of $67.21 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 1-year low of $49.51 and a 1-year high of $85.68. The firm has a 50-day moving average price of $78.96 and a two-hundred day moving average price of $71.33.

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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

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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