iShares Gold Trust (NYSEARCA:IAU) is Insight Wealth Partners LLC’s 7th Largest Position

Insight Wealth Partners LLC grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.4% during the third quarter, HoldingsChannel.com reports. The fund owned 163,724 shares of the exchange traded fund’s stock after buying an additional 5,369 shares during the quarter. iShares Gold Trust accounts for about 1.6% of Insight Wealth Partners LLC’s portfolio, making the stock its 7th biggest position. Insight Wealth Partners LLC’s holdings in iShares Gold Trust were worth $8,137,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. TCP Asset Management LLC increased its position in shares of iShares Gold Trust by 3.0% during the 3rd quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock valued at $332,000 after purchasing an additional 195 shares during the last quarter. Baker Avenue Asset Management LP increased its holdings in iShares Gold Trust by 2.9% during the third quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock valued at $374,000 after buying an additional 215 shares during the last quarter. Howard Financial Services LTD. raised its position in iShares Gold Trust by 2.9% in the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after acquiring an additional 220 shares during the period. Avaii Wealth Management LLC grew its position in shares of iShares Gold Trust by 1.7% during the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after acquiring an additional 249 shares during the period. Finally, OMNI 360 Wealth Inc. increased its stake in shares of iShares Gold Trust by 5.0% in the 3rd quarter. OMNI 360 Wealth Inc. now owns 5,632 shares of the exchange traded fund’s stock worth $280,000 after purchasing an additional 270 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Up 0.2 %

Shares of iShares Gold Trust stock opened at $49.69 on Wednesday. The stock’s fifty day moving average is $50.34 and its 200 day moving average is $47.24. iShares Gold Trust has a one year low of $37.40 and a one year high of $52.69.

iShares Gold Trust 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.