19,762 iShares Gold Trust $IAU Shares Sold by Focus Financial Network Inc.

Focus Financial Network Inc. decreased its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 46.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 22,552 shares of the exchange traded fund’s stock after selling 19,762 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares Gold Trust were worth $1,761,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Public Employees Retirement System of Ohio bought a new stake in shares of iShares Gold Trust during the second quarter worth $76,854,000. VCU Investment Management Co acquired a new position in iShares Gold Trust during the 4th quarter worth about $61,835,000. Crcm LP lifted its position in iShares Gold Trust by 73.7% during the 1st quarter. Crcm LP now owns 1,249,870 shares of the exchange traded fund’s stock worth $111,125,000 after buying an additional 530,148 shares in the last quarter. Gotham Asset Management LLC lifted its position in iShares Gold Trust by 184.0% during the 4th quarter. Gotham Asset Management LLC now owns 796,388 shares of the exchange traded fund’s stock worth $64,643,000 after buying an additional 515,975 shares in the last quarter. Finally, Eurizon Asset Management Hungary Ltd. bought a new stake in iShares Gold Trust during the 1st quarter worth about $42,494,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 1.5%

Shares of NYSEARCA:IAU opened at $77.07 on Thursday. The firm has a market cap of $60.78 billion, a P/E ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a 12 month low of $73.74 and a 12 month high of $104.40. The company’s 50-day moving average price is $81.55 and its two-hundred day moving average price is $82.20.

Key iShares Gold Trust News

Here are the key news stories impacting iShares Gold Trust this week:

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).

See Also

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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