Silverleafe Capital Partners LLC Sells 12,797 Shares of iShares Gold Trust (NYSEARCA:IAU)

Silverleafe Capital Partners LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 6.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 182,081 shares of the exchange traded fund’s stock after selling 12,797 shares during the period. iShares Gold Trust accounts for about 3.1% of Silverleafe Capital Partners LLC’s investment portfolio, making the stock its 11th largest position. Silverleafe Capital Partners LLC’s holdings in iShares Gold Trust were worth $7,649,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. ORG Partners LLC bought a new stake in shares of iShares Gold Trust during the fourth quarter valued at approximately $28,000. Pingora Partners LLC bought a new stake in iShares Gold Trust in the fourth quarter worth $31,000. Signature Resources Capital Management LLC bought a new stake in iShares Gold Trust in the fourth quarter worth $32,000. Chilton Capital Management LLC increased its position in iShares Gold Trust by 162.8% in the fourth quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 542 shares during the last quarter. Finally, Smithfield Trust Co bought a new stake in iShares Gold Trust in the fourth quarter worth $36,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU opened at $43.93 on Friday. iShares Gold Trust has a fifty-two week low of $34.35 and a fifty-two week high of $46.08. The company’s fifty day moving average is $44.18 and its 200 day moving average is $41.40.

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.