REAP Financial Group LLC Acquires 6,407 Shares of iShares Gold Trust $IAU

REAP Financial Group LLC increased its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 11,864.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 6,461 shares of the exchange traded fund’s stock after purchasing an additional 6,407 shares during the period. REAP Financial Group LLC’s holdings in iShares Gold Trust were worth $524,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of IAU. Brighton Jones LLC acquired a new stake in iShares Gold Trust during the fourth quarter worth approximately $1,864,000. Bison Wealth LLC lifted its position in iShares Gold Trust by 78.5% during the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after acquiring an additional 7,379 shares during the last quarter. AQR Capital Management LLC lifted its position in iShares Gold Trust by 47.0% during the first quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock worth $1,588,000 after acquiring an additional 8,609 shares during the last quarter. Glenview Trust co lifted its position in iShares Gold Trust by 9.7% during the second quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock worth $772,000 after acquiring an additional 1,095 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its position in iShares Gold Trust by 6.3% during the second quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock worth $2,296,000 after acquiring an additional 2,172 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust News Summary

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Stock Down 1.0%

Shares of IAU stock opened at $83.59 on Thursday. The firm has a 50 day moving average price of $87.08 and a two-hundred day moving average price of $87.50. The company has a market capitalization of $71.16 billion, a PE ratio of 5.53 and a beta of 0.16. iShares Gold Trust has a 12-month low of $61.37 and a 12-month high of $104.40.

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).

Further Reading

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

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.