XTX Topco Ltd decreased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 32.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,574 shares of the exchange traded fund’s stock after selling 5,475 shares during the quarter. XTX Topco Ltd’s holdings in iShares Gold Trust were worth $682,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of IAU. Envestnet Asset Management Inc. increased its stake in shares of iShares Gold Trust by 63.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 17,575,718 shares of the exchange traded fund’s stock worth $1,036,264,000 after purchasing an additional 6,797,066 shares during the last quarter. LPL Financial LLC grew its stake in iShares Gold Trust by 29.6% in the 1st quarter. LPL Financial LLC now owns 11,182,842 shares of the exchange traded fund’s stock valued at $659,340,000 after buying an additional 2,552,405 shares during the last quarter. Park Avenue Securities LLC grew its stake in iShares Gold Trust by 101.4% in the 1st quarter. Park Avenue Securities LLC now owns 1,374,967 shares of the exchange traded fund’s stock valued at $81,068,000 after buying an additional 692,113 shares during the last quarter. Parker Investment Management LLC grew its stake in iShares Gold Trust by 11,484.5% in the 1st quarter. Parker Investment Management LLC now owns 678,391 shares of the exchange traded fund’s stock valued at $39,998,000 after buying an additional 672,535 shares during the last quarter. Finally, Truist Financial Corp grew its stake in iShares Gold Trust by 15.3% in the 1st quarter. Truist Financial Corp now owns 4,797,591 shares of the exchange traded fund’s stock valued at $282,866,000 after buying an additional 637,298 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.
iShares Gold Trust Trading Up 0.6%
NYSEARCA:IAU opened at $63.64 on Tuesday. iShares Gold Trust has a 1 year low of $44.99 and a 1 year high of $65.00. The firm’s fifty day simple moving average is $63.05 and its 200 day simple moving average is $59.57. The firm has a market capitalization of $48.41 billion, a PE ratio of 5.53 and a beta of 0.15.
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.
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