iShares Gold Trust (NYSEARCA:IAU) Holdings Boosted by Ashton Thomas Securities LLC

Ashton Thomas Securities LLC raised its stake in iShares Gold Trust (NYSEARCA:IAU) by 540.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,240 shares of the exchange traded fund’s stock after acquiring an additional 17,925 shares during the period. Ashton Thomas Securities LLC’s holdings in iShares Gold Trust were worth $1,052,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Proficio Capital Partners LLC boosted its position in iShares Gold Trust by 2,943.8% during the 4th quarter. Proficio Capital Partners LLC now owns 65,535,203 shares of the exchange traded fund’s stock valued at $3,244,648,000 after purchasing an additional 63,382,112 shares during the period. FMR LLC lifted its stake in iShares Gold Trust by 0.3% in the third quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock valued at $1,146,335,000 after buying an additional 60,784 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after buying an additional 981,362 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Gold Trust by 35.4% during the fourth quarter. LPL Financial LLC now owns 8,630,437 shares of the exchange traded fund’s stock valued at $427,293,000 after acquiring an additional 2,257,590 shares during the period. Finally, WealthNavi Inc. grew its position in shares of iShares Gold Trust by 2.4% during the fourth quarter. WealthNavi Inc. now owns 5,924,001 shares of the exchange traded fund’s stock worth $293,297,000 after acquiring an additional 141,211 shares during the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Down 0.5 %

IAU stock opened at $56.70 on Tuesday. The stock has a market cap of $40.62 billion, a PE ratio of -34.13 and a beta of 0.20. The firm’s 50-day simple moving average is $54.23 and its 200 day simple moving average is $51.47. iShares Gold Trust has a fifty-two week low of $41.05 and a fifty-two week high of $57.59.

iShares Gold Trust 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.