iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC lifted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 81.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,161 shares of the exchange traded fund’s stock after purchasing an additional 36,430 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in iShares Gold Trust were worth $4,018,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IAU. Compass Financial Services Inc acquired a new stake in iShares Gold Trust in the fourth quarter worth about $27,000. Archer Investment Corp grew its position in iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 529 shares during the last quarter. Financial Life Planners acquired a new position in iShares Gold Trust during the 4th quarter valued at approximately $33,000. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Gold Trust in the fourth quarter worth $40,000. Finally, Valued Wealth Advisors LLC grew its holdings in shares of iShares Gold Trust by 65.7% during the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 333 shares during the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

NYSEARCA IAU opened at $54.91 on Friday. The company has a market cap of $37.26 billion, a price-to-earnings ratio of -33.32 and a beta of 0.20. The stock’s fifty day moving average price is $52.82 and its 200 day moving average price is $50.72. iShares Gold Trust has a 1 year low of $40.63 and a 1 year high of $55.70.

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.