iShares Gold Trust $IAU Shares Acquired by MCF Advisors LLC

MCF Advisors LLC boosted its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 2,201.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 20,045 shares of the exchange traded fund’s stock after purchasing an additional 19,174 shares during the quarter. MCF Advisors LLC’s holdings in iShares Gold Trust were worth $1,627,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MA Private Wealth raised its holdings in iShares Gold Trust by 10.3% in the third quarter. MA Private Wealth now owns 157,758 shares of the exchange traded fund’s stock valued at $11,480,000 after acquiring an additional 14,705 shares in the last quarter. WESCAP Management Group Inc. raised its holdings in iShares Gold Trust by 7.0% in the third quarter. WESCAP Management Group Inc. now owns 449,859 shares of the exchange traded fund’s stock valued at $32,726,000 after acquiring an additional 29,553 shares in the last quarter. Hudson Oak Wealth Advisory LLC acquired a new stake in iShares Gold Trust in the fourth quarter valued at $1,725,000. Allianz SE raised its holdings in iShares Gold Trust by 2.8% in the third quarter. Allianz SE now owns 1,186,632 shares of the exchange traded fund’s stock valued at $86,351,000 after acquiring an additional 32,341 shares in the last quarter. Finally, Advisory Services Network LLC raised its holdings in iShares Gold Trust by 20.3% in the third quarter. Advisory Services Network LLC now owns 207,238 shares of the exchange traded fund’s stock valued at $15,081,000 after acquiring an additional 35,018 shares in the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

IAU stock opened at $81.22 on Friday. iShares Gold Trust has a 1-year low of $61.37 and a 1-year high of $104.40. The firm has a fifty day moving average price of $87.03 and a two-hundred day moving average price of $87.51. The firm has a market cap of $69.15 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15.

Key iShares Gold Trust News

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

iShares Gold Trust 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).

Featured Stories

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)

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.