EWG Elevate Inc. increased its position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 1.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,100 shares of the exchange traded fund’s stock after purchasing an additional 439 shares during the period. EWG Elevate Inc.’s holdings in iShares Gold Trust were worth $841,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of iShares Gold Trust by 20.1% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 31,673 shares of the exchange traded fund’s stock valued at $1,184,000 after buying an additional 5,308 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its position in iShares Gold Trust by 61.8% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 9,960 shares of the exchange traded fund’s stock worth $372,000 after purchasing an additional 3,806 shares in the last quarter. Spire Wealth Management lifted its stake in iShares Gold Trust by 25.3% during the first quarter. Spire Wealth Management now owns 21,290 shares of the exchange traded fund’s stock worth $796,000 after purchasing an additional 4,304 shares during the period. Acropolis Investment Management LLC acquired a new stake in iShares Gold Trust during the first quarter valued at approximately $108,000. Finally, BKA Wealth Consulting Inc. boosted its holdings in iShares Gold Trust by 320.4% during the first quarter. BKA Wealth Consulting Inc. now owns 61,067 shares of the exchange traded fund’s stock valued at $2,342,000 after purchasing an additional 46,541 shares in the last quarter. 58.45% of the stock is currently owned by institutional investors and hedge funds.
iShares Gold Trust Price Performance
Shares of IAU opened at $36.67 on Tuesday. iShares Gold Trust has a 1 year low of $30.69 and a 1 year high of $39.04. The stock has a 50 day simple moving average of $36.60 and a 200-day simple moving average of $36.97.
iShares Gold Trust Company Profile
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.
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