Leavell Investment Management Inc. grew its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 203,301 shares of the exchange traded fund’s stock after purchasing an additional 6,447 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares Gold Trust were worth $10,065,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of IAU. Quadrature Capital Ltd acquired a new stake in shares of iShares Gold Trust in the third quarter valued at approximately $95,801,000. JPMorgan Chase & Co. grew its position in shares of iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after purchasing an additional 981,362 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of iShares Gold Trust by 6,538.7% in the fourth quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock valued at $33,808,000 after purchasing an additional 672,568 shares during the last quarter. Kovitz Investment Group Partners LLC grew its position in shares of iShares Gold Trust by 10,279.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock valued at $33,128,000 after purchasing an additional 666,330 shares during the last quarter. Finally, Parker Investment Management LLC acquired a new stake in shares of iShares Gold Trust in the third quarter valued at approximately $26,050,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.
iShares Gold Trust Trading Down 0.3 %
IAU stock opened at $54.69 on Wednesday. The company’s 50 day simple moving average is $50.88 and its 200-day simple moving average is $49.60. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $54.94.
iShares Gold Trust 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.
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