High Falls Advisors Inc Grows Stock Position in iShares Gold Trust $IAU

High Falls Advisors Inc lifted its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 48.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 124,977 shares of the exchange traded fund’s stock after acquiring an additional 41,020 shares during the quarter. iShares Gold Trust makes up 1.9% of High Falls Advisors Inc’s investment portfolio, making the stock its 17th largest position. High Falls Advisors Inc’s holdings in iShares Gold Trust were worth $9,095,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. MTM Investment Management LLC bought a new position in iShares Gold Trust during the second quarter worth about $25,000. Abich Financial Wealth Management LLC purchased a new position in iShares Gold Trust in the 3rd quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. bought a new stake in iShares Gold Trust during the 3rd quarter valued at $29,000. Traub Capital Management LLC purchased a new stake in shares of iShares Gold Trust during the second quarter worth $31,000. Finally, Fourth Dimension Wealth LLC lifted its position in shares of iShares Gold Trust by 436.3% during the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 349 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

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iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $94.38 on Monday. The firm has a market capitalization of $79.69 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a one year low of $55.78 and a one year high of $104.40. The business has a fifty day moving average price of $93.05 and a 200-day moving average price of $81.93.

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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