Wintrust Investments LLC Takes $29,000 Position in iShares Gold Trust (NYSEARCA:IAU)

Wintrust Investments LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAU) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 599 shares of the exchange traded fund’s stock, valued at approximately $29,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IAU. Compass Financial Services Inc purchased a new position in iShares Gold Trust during the fourth quarter worth approximately $27,000. Archer Investment Corp lifted its stake in shares of iShares Gold Trust by 813.8% in the 3rd 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 last quarter. Financial Life Planners acquired a new position in shares of iShares Gold Trust in the 4th quarter valued at $33,000. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Gold Trust in the 4th quarter valued at $40,000. Finally, Valued Wealth Advisors LLC lifted its stake in shares of iShares Gold Trust by 65.7% in the 4th quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after purchasing 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 Up 0.0 %

Shares of iShares Gold Trust stock opened at $56.29 on Friday. iShares Gold Trust has a 52 week low of $40.64 and a 52 week high of $56.53. The business’s fifty day simple moving average is $53.40 and its 200-day simple moving average is $51.00. The firm has a market cap of $38.20 billion, a PE ratio of -33.32 and a beta of 0.20.

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.