Insight Wealth Partners LLC Increases Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Insight Wealth Partners LLC raised its holdings in iShares Gold Trust (NYSEARCA:IAU) by 1.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 158,355 shares of the exchange traded fund’s stock after buying an additional 1,846 shares during the quarter. iShares Gold Trust accounts for approximately 1.2% of Insight Wealth Partners LLC’s holdings, making the stock its 8th biggest holding. Insight Wealth Partners LLC’s holdings in iShares Gold Trust were worth $6,957,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Private Ocean LLC bought a new stake in shares of iShares Gold Trust in the 1st quarter valued at about $29,000. Global Trust Asset Management LLC lifted its holdings in iShares Gold Trust by 250.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 500 shares during the last quarter. ORG Partners LLC acquired a new stake in iShares Gold Trust during the 4th quarter valued at $28,000. Opal Wealth Advisors LLC bought a new stake in shares of iShares Gold Trust in the second quarter valued at about $34,000. Finally, Pingora Partners LLC acquired a new stake in iShares Gold Trust in the 4th quarter worth about $31,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU stock traded up $1.03 on Friday, hitting $47.40. 6,205,167 shares of the company’s stock were exchanged, compared to its average volume of 6,356,367. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $47.41. The company has a 50 day moving average of $45.04 and a 200 day moving average of $43.11.

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.