iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by Fourpath Capital Management LLC

Fourpath Capital Management LLC grew its holdings in iShares Gold Trust (NYSEARCA:IAU) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 520,151 shares of the exchange traded fund’s stock after purchasing an additional 21,394 shares during the quarter. iShares Gold Trust makes up approximately 4.8% of Fourpath Capital Management LLC’s holdings, making the stock its 2nd biggest holding. Fourpath Capital Management LLC’s holdings in iShares Gold Trust were worth $25,753,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IAU. Quadrature Capital Ltd bought a new position in iShares Gold Trust in the third quarter valued at approximately $95,801,000. JPMorgan Chase & Co. lifted its stake in shares of iShares Gold Trust by 9.6% in the 3rd 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. Park Avenue Securities LLC boosted its position in shares of iShares Gold Trust by 6,538.7% in the 4th quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock worth $33,808,000 after purchasing an additional 672,568 shares during the last quarter. Kovitz Investment Group Partners LLC grew its stake in shares of iShares Gold Trust by 10,279.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock worth $33,128,000 after purchasing an additional 666,330 shares during the period. Finally, Brave Asset Management Inc. bought a new stake in iShares Gold Trust in the third quarter valued at about $26,169,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $53.17 on Tuesday. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $53.44. The business’s 50-day moving average price is $50.39 and its two-hundred day moving average price is $49.23.

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.