Old Port Advisors Has $7.56 Million Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Old Port Advisors lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 152,679 shares of the exchange traded fund’s stock after purchasing an additional 4,023 shares during the period. iShares Gold Trust comprises about 2.2% of Old Port Advisors’ investment portfolio, making the stock its 5th biggest holding. Old Port Advisors’ holdings in iShares Gold Trust were worth $7,559,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in shares of iShares Gold Trust by 15.8% during the second quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock worth $154,577,000 after purchasing an additional 479,796 shares during the period. JPMorgan Chase & Co. raised 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 during the period. Independent Family Office LLC lifted its holdings in iShares Gold Trust by 4.1% in the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock worth $21,155,000 after acquiring an additional 16,827 shares during the last quarter. International Assets Investment Management LLC boosted its stake in iShares Gold Trust by 4,843.7% in the third quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock valued at $11,632,000 after acquiring an additional 229,303 shares during the period. Finally, Prime Capital Investment Advisors LLC raised its position in shares of iShares Gold Trust by 2.1% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 204,693 shares of the exchange traded fund’s stock worth $8,992,000 after purchasing an additional 4,189 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 1.0 %

Shares of NYSEARCA IAU traded up $0.51 during mid-day trading on Thursday, hitting $50.02. The company had a trading volume of 1,500,467 shares, compared to its average volume of 5,869,504. The firm’s 50 day simple moving average is $50.15 and its two-hundred day simple moving average is $48.19. iShares Gold Trust has a 12 month low of $37.53 and a 12 month 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.