iShares Gold Trust (NYSEARCA:IAU) is EPIQ Capital Group LLC’s 5th Largest Position

EPIQ Capital Group LLC raised its position in iShares Gold Trust (NYSEARCA:IAU) by 5.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 530,556 shares of the exchange traded fund’s stock after purchasing an additional 29,211 shares during the quarter. iShares Gold Trust accounts for approximately 6.9% of EPIQ Capital Group LLC’s portfolio, making the stock its 5th largest holding. EPIQ Capital Group LLC owned about 0.08% of iShares Gold Trust worth $26,268,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Compass Financial Services Inc acquired a new position in shares of iShares Gold Trust during the 4th quarter valued at $27,000. Archer Investment Corp raised its position in iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 529 shares during the period. Financial Life Planners acquired a new position in shares of iShares Gold Trust during the fourth quarter worth about $33,000. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Gold Trust during the fourth quarter worth about $40,000. Finally, Valued Wealth Advisors LLC boosted its position in shares of iShares Gold Trust by 65.7% in the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 333 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $54.91 on Monday. The business’s 50-day simple moving average is $52.82 and its 200 day simple moving average is $50.77. The company has a market cap of $37.26 billion, a P/E ratio of -33.32 and a beta of 0.20. iShares Gold Trust has a one year low of $40.63 and a one year high of $55.70.

iShares Gold Trust Company 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.