4,190 Shares in iShares Gold Trust (NYSEARCA:IAU) Bought by Evolution Wealth Advisors LLC

Evolution Wealth Advisors LLC purchased a new stake in iShares Gold Trust (NYSEARCA:IAU) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 4,190 shares of the exchange traded fund’s stock, valued at approximately $208,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IAU. TCP Asset Management LLC grew its position in shares of iShares Gold Trust by 3.0% in the 3rd quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock valued at $332,000 after acquiring an additional 195 shares during the period. Baker Avenue Asset Management LP grew its holdings in iShares Gold Trust by 2.9% during the third quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 215 shares during the period. Howard Financial Services LTD. grew its holdings in iShares Gold Trust by 2.9% during the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 220 shares during the period. Avaii Wealth Management LLC increased its position in iShares Gold Trust by 1.7% during the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after buying an additional 249 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its stake in iShares Gold Trust by 1.4% in the first quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock valued at $783,000 after buying an additional 262 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

IAU opened at $48.37 on Friday. The stock’s fifty day simple moving average is $50.08 and its 200 day simple moving average is $46.89. iShares Gold Trust has a 1-year low of $37.21 and a 1-year high of $52.69.

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.