Atria Investments Inc Acquires 58,106 Shares of iShares Gold Trust (NYSEARCA:IAU)

Atria Investments Inc increased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 85.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 126,471 shares of the exchange traded fund’s stock after buying an additional 58,106 shares during the period. Atria Investments Inc’s holdings in iShares Gold Trust were worth $6,262,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp raised its stake in iShares Gold Trust by 5.8% during the fourth quarter. Bank of New York Mellon Corp now owns 1,136,328 shares of the exchange traded fund’s stock worth $56,260,000 after buying an additional 62,195 shares during the last quarter. Strategic Financial Concepts LLC bought a new position in iShares Gold Trust during the fourth quarter worth $442,000. Sanchez Wealth Management Group bought a new position in iShares Gold Trust during the fourth quarter worth $228,000. JPMorgan Chase & Co. raised its stake in iShares Gold Trust by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after buying an additional 981,362 shares during the last quarter. Finally, Independent Family Office LLC raised its stake in iShares Gold Trust by 4.1% during the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock worth $21,155,000 after buying an additional 16,827 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.5 %

Shares of NYSEARCA IAU opened at $54.87 on Friday. iShares Gold Trust has a twelve month low of $40.63 and a twelve month high of $55.70. The firm has a fifty day simple moving average of $52.71 and a 200 day simple moving average of $50.67. The company has a market capitalization of $37.24 billion, a PE ratio of -33.32 and a beta of 0.20.

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.