Silverleafe Capital Partners LLC Sells 63,825 Shares of iShares Gold Trust $IAU

Silverleafe Capital Partners LLC trimmed its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 34.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,249 shares of the exchange traded fund’s stock after selling 63,825 shares during the quarter. iShares Gold Trust comprises about 2.7% of Silverleafe Capital Partners LLC’s investment portfolio, making the stock its 15th biggest holding. Silverleafe Capital Partners LLC’s holdings in iShares Gold Trust were worth $8,678,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Keener Financial Planning LLC bought a new position in shares of iShares Gold Trust during the second quarter valued at approximately $25,000. MTM Investment Management LLC purchased a new position in shares of iShares Gold Trust in the 2nd quarter worth about $25,000. Private Wealth Management Group LLC grew its position in iShares Gold Trust by 290.9% during the 2nd quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 320 shares during the last quarter. Key Financial Inc purchased a new position in iShares Gold Trust in the second quarter worth about $28,000. Finally, Traub Capital Management LLC bought a new position in shares of iShares Gold Trust in the second quarter worth approximately $31,000. Institutional investors own 59.67% of the company’s stock.

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iShares Gold Trust Stock Down 0.4%

Shares of IAU opened at $84.34 on Friday. iShares Gold Trust has a twelve month low of $49.00 and a twelve month high of $84.71. The company has a market capitalization of $69.50 billion, a P/E ratio of 5.53 and a beta of 0.09. The firm has a 50 day moving average of $78.54 and a 200 day moving average of $70.50.

About iShares Gold Trust

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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