Pictet North America Advisors SA Has $20.14 Million Stock Position in iShares Gold Trust $IAU

Pictet North America Advisors SA reduced its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 9.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 248,159 shares of the exchange traded fund’s stock after selling 27,341 shares during the quarter. iShares Gold Trust accounts for about 1.9% of Pictet North America Advisors SA’s holdings, making the stock its 16th biggest holding. Pictet North America Advisors SA’s holdings in iShares Gold Trust were worth $20,143,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares Gold Trust in the 3rd quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. bought a new stake in shares of iShares Gold Trust during the 3rd quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC acquired a new position in iShares Gold Trust during the 3rd quarter worth approximately $31,000. Fourth Dimension Wealth LLC lifted its stake in iShares Gold Trust by 436.3% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 349 shares during the last quarter. Finally, SOA Wealth Advisors LLC. lifted its stake in iShares Gold Trust by 230.0% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 322 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock opened at $89.68 on Thursday. The company’s 50 day moving average price is $93.27 and its two-hundred day moving average price is $83.63. The firm has a market capitalization of $75.72 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a fifty-two week low of $55.78 and a fifty-two week high of $104.40.

iShares Gold Trust News Summary

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iShares Gold Trust Company 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).

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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