CPR Investments Inc. Acquires New Holdings in iShares Gold Trust (NYSEARCA:IAU)

CPR Investments Inc. acquired a new position in iShares Gold Trust (NYSEARCA:IAU) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,512 shares of the exchange traded fund’s stock, valued at approximately $669,000. iShares Gold Trust accounts for approximately 0.6% of CPR Investments Inc.’s investment portfolio, making the stock its 26th biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Park Avenue Securities LLC lifted its stake in shares of iShares Gold Trust by 6,538.7% in the 4th quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock worth $33,808,000 after acquiring an additional 672,568 shares during the period. Fifth Third Wealth Advisors LLC raised its holdings in iShares Gold Trust by 58.5% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 59,291 shares of the exchange traded fund’s stock worth $2,935,000 after purchasing an additional 21,887 shares in the last quarter. SeaCrest Wealth Management LLC lifted its position in iShares Gold Trust by 2.7% in the fourth quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock worth $410,000 after purchasing an additional 215 shares during the period. Sovereign Financial Group Inc. boosted its stake in iShares Gold Trust by 70.7% during the 4th quarter. Sovereign Financial Group Inc. now owns 10,386 shares of the exchange traded fund’s stock valued at $514,000 after purchasing an additional 4,303 shares in the last quarter. Finally, Sharper & Granite LLC increased its position in shares of iShares Gold Trust by 139.4% during the 4th quarter. Sharper & Granite LLC now owns 23,715 shares of the exchange traded fund’s stock valued at $1,174,000 after purchasing an additional 13,810 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU opened at $50.53 on Wednesday. The stock’s fifty day moving average is $49.85 and its 200-day moving average is $48.62. iShares Gold Trust has a one year low of $37.53 and a one year high of $52.69.

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.