iShares Gold Trust (NYSEARCA:IAU) Shares Sold by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. decreased its holdings in iShares Gold Trust (NYSEARCA:IAU) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 73,271 shares of the exchange traded fund’s stock after selling 3,309 shares during the quarter. SRS Capital Advisors Inc.’s holdings in iShares Gold Trust were worth $3,628,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of IAU. Compass Financial Services Inc purchased a new position in iShares Gold Trust in the fourth quarter worth $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 worth $30,000 after acquiring an additional 529 shares in the last quarter. Financial Life Planners purchased a new position in iShares Gold Trust in the fourth quarter worth $33,000. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Gold Trust in the fourth quarter valued at $40,000. Finally, Valued Wealth Advisors LLC raised its stake in shares of iShares Gold Trust by 65.7% during the 4th 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 last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.6 %

NYSEARCA:IAU opened at $53.87 on Friday. The company has a market capitalization of $36.56 billion, a PE ratio of -33.32 and a beta of 0.20. iShares Gold Trust has a 52-week low of $38.65 and a 52-week high of $55.70. The stock has a fifty day simple moving average of $52.27 and a 200-day simple moving average of $50.47.

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.