J.W. Cole Advisors Inc. Purchases 9,242 Shares of iShares Gold Trust $IAU

J.W. Cole Advisors Inc. boosted its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 20.3% during the third quarter, Holdings Channel reports. The institutional investor owned 54,827 shares of the exchange traded fund’s stock after acquiring an additional 9,242 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares Gold Trust were worth $3,990,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fearless Solutions LLC dba Best Invest boosted its position in shares of iShares Gold Trust by 3.4% during the 3rd quarter. Fearless Solutions LLC dba Best Invest now owns 69,906 shares of the exchange traded fund’s stock valued at $5,087,000 after acquiring an additional 2,267 shares in the last quarter. Baker Boyer National Bank bought a new position in iShares Gold Trust during the third quarter worth about $429,000. Envestnet Asset Management Inc. lifted its stake in iShares Gold Trust by 47.7% during the third quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock worth $1,493,292,000 after purchasing an additional 6,623,876 shares during the period. Ashton Thomas Private Wealth LLC boosted its holdings in iShares Gold Trust by 10.5% during the third quarter. Ashton Thomas Private Wealth LLC now owns 286,476 shares of the exchange traded fund’s stock valued at $20,847,000 after purchasing an additional 27,282 shares in the last quarter. Finally, SGL Investment Advisors Inc. grew its stake in shares of iShares Gold Trust by 6.6% in the 3rd quarter. SGL Investment Advisors Inc. now owns 53,198 shares of the exchange traded fund’s stock valued at $4,019,000 after purchasing an additional 3,289 shares during the period. Institutional investors own 59.67% of the company’s stock.

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iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $90.53 on Friday. The business’s fifty day moving average price is $85.41 and its two-hundred day moving average price is $75.77. iShares Gold Trust has a fifty-two week low of $53.44 and a fifty-two week high of $104.40. The stock has a market capitalization of $76.44 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

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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