Ieq Capital LLC Sells 2,461 Shares of iShares Gold Trust (NYSEARCA:IAU)

Ieq Capital LLC lowered its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 87,914 shares of the exchange traded fund’s stock after selling 2,461 shares during the quarter. Ieq Capital LLC’s holdings in iShares Gold Trust were worth $4,353,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Strategic Financial Concepts LLC bought a new stake in shares of iShares Gold Trust in the 4th quarter worth approximately $442,000. Sanchez Wealth Management Group bought a new stake in shares of iShares Gold Trust in the 4th quarter worth approximately $228,000. JPMorgan Chase & Co. raised its holdings in shares of iShares Gold Trust by 9.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after purchasing an additional 981,362 shares during the period. Independent Family Office LLC raised its holdings in shares of iShares Gold Trust by 4.1% in the 3rd quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock worth $21,155,000 after purchasing an additional 16,827 shares during the period. Finally, Silverleafe Capital Partners LLC raised its holdings in shares of iShares Gold Trust by 0.4% in the 4th quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after purchasing an additional 689 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.1 %

NYSEARCA:IAU opened at $55.39 on Friday. The firm’s 50 day moving average is $51.64 and its 200 day moving average is $50.06. iShares Gold Trust has a 12 month low of $38.21 and a 12 month high of $55.60.

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.