JSF Financial LLC trimmed its position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 91.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,929 shares of the exchange traded fund’s stock after selling 357,680 shares during the period. JSF Financial LLC’s holdings in iShares Gold Trust were worth $1,680,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. AQR Capital Management LLC bought a new stake in shares of iShares Gold Trust in the second quarter valued at approximately $683,000. GAMMA Investing LLC raised its stake in iShares Gold Trust by 158.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock valued at $72,000 after purchasing an additional 887 shares during the last quarter. Valeo Financial Advisors LLC boosted its holdings in iShares Gold Trust by 9.6% in the 3rd quarter. Valeo Financial Advisors LLC now owns 16,934 shares of the exchange traded fund’s stock valued at $842,000 after purchasing an additional 1,484 shares during the period. Exchange Traded Concepts LLC acquired a new stake in iShares Gold Trust in the 3rd quarter worth $163,000. Finally, Compagnie Lombard Odier SCmA increased its holdings in shares of iShares Gold Trust by 11.3% during the 3rd quarter. Compagnie Lombard Odier SCmA now owns 17,685 shares of the exchange traded fund’s stock worth $879,000 after purchasing an additional 1,790 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.
iShares Gold Trust Stock Up 1.7 %
Shares of IAU opened at $54.88 on Tuesday. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $54.95. The company has a 50-day simple moving average of $50.78 and a 200-day simple moving average of $49.52.
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.
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