iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by Huntington National Bank

Huntington National Bank increased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 207,872 shares of the exchange traded fund’s stock after buying an additional 910 shares during the period. Huntington National Bank’s holdings in iShares Gold Trust were worth $10,292,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its stake in shares of iShares Gold Trust by 5.8% during the 4th 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 acquiring an additional 62,195 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in iShares Gold Trust during the fourth quarter worth approximately $442,000. Sanchez Wealth Management Group purchased a new position in iShares Gold Trust during the fourth quarter worth approximately $228,000. JPMorgan Chase & Co. grew its holdings 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 purchasing an additional 981,362 shares during the period. Finally, Silverleafe Capital Partners LLC increased its position in shares of iShares Gold Trust by 0.4% in the fourth quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock valued at $9,329,000 after buying an additional 689 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $58.95 on Thursday. The business’s 50 day moving average price is $55.19 and its 200-day moving average price is $51.94. iShares Gold Trust has a 1 year low of $42.96 and a 1 year high of $59.55. The firm has a market capitalization of $42.59 billion, a price-to-earnings ratio of -35.73 and a beta of 0.17.

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.