Integrity Wealth Solutions LLC Makes New $256,000 Investment in iShares Gold Trust (NYSEARCA:IAU)

Integrity Wealth Solutions LLC bought a new position in iShares Gold Trust (NYSEARCA:IAU) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 5,167 shares of the exchange traded fund’s stock, valued at approximately $256,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC lifted its position in iShares Gold Trust by 0.3% during the third quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock valued at $1,146,335,000 after buying an additional 60,784 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of iShares Gold Trust by 0.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,152,535 shares of the exchange traded fund’s stock worth $902,181,000 after acquiring an additional 142,487 shares in the last quarter. Empower Advisory Group LLC lifted its position in iShares Gold Trust by 0.8% during the 3rd quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock valued at $741,610,000 after acquiring an additional 111,210 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares Gold Trust by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after acquiring an additional 981,362 shares in the last quarter. Finally, WealthNavi Inc. grew its holdings in iShares Gold Trust by 4.2% in the third quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock worth $287,405,000 after purchasing an additional 233,999 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 1.1 %

Shares of NYSEARCA IAU opened at $51.76 on Tuesday. The company has a 50 day simple moving average of $50.17 and a two-hundred day simple moving average of $49.01. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69.

About iShares Gold Trust

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.