Private Trust Co. NA Boosts Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Private Trust Co. NA boosted its position in iShares Gold Trust (NYSEARCA:IAU) by 13.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,421 shares of the exchange traded fund’s stock after purchasing an additional 2,220 shares during the period. Private Trust Co. NA’s holdings in iShares Gold Trust were worth $912,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of IAU. Strategic Financial Concepts LLC purchased a new stake in shares of iShares Gold Trust during the fourth quarter worth $442,000. Sanchez Wealth Management Group purchased a new stake in shares of iShares Gold Trust during the fourth quarter worth $228,000. JPMorgan Chase & Co. lifted its position in shares of 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. Independent Family Office LLC increased its holdings in shares of 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 purchasing an additional 16,827 shares during the period. Finally, Silverleafe Capital Partners LLC increased its holdings in shares of iShares Gold Trust by 0.4% in the fourth quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after purchasing an additional 689 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $53.87 on Friday. The stock has a market cap of $36.56 billion, a P/E ratio of -33.32 and a beta of 0.20. iShares Gold Trust has a fifty-two week low of $38.65 and a fifty-two week high of $55.70. The firm’s fifty day moving average price is $52.27 and its 200-day moving average price is $50.44.

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.