Arta Finance Wealth Management LLC Acquires Shares of 17,194 iShares Gold Trust $IAU

Arta Finance Wealth Management LLC bought a new position in iShares Gold Trust (NYSEARCA:IAUFree Report) during the fourth quarter, HoldingsChannel.com reports. The fund bought 17,194 shares of the exchange traded fund’s stock, valued at approximately $1,396,000. iShares Gold Trust accounts for 0.7% of Arta Finance Wealth Management LLC’s portfolio, making the stock its 27th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Abich Financial Wealth Management LLC bought a new position in shares of iShares Gold Trust in the third quarter worth about $25,000. Mountain Hill Investment Partners Corp. bought a new stake in iShares Gold Trust during the 3rd quarter valued at about $29,000. Measured Wealth Private Client Group LLC bought a new stake in iShares Gold Trust during the 3rd quarter valued at about $31,000. Fourth Dimension Wealth LLC boosted its position in iShares Gold Trust by 436.3% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 349 shares during the period. Finally, SOA Wealth Advisors LLC. boosted its position in iShares Gold Trust by 230.0% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 322 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust News Summary

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

iShares Gold Trust Price Performance

Shares of IAU stock opened at $87.94 on Friday. The company has a market capitalization of $74.87 billion, a P/E ratio of 5.53 and a beta of 0.09. The company’s 50-day simple moving average is $93.06 and its two-hundred day simple moving average is $83.89. iShares Gold Trust has a one year low of $55.78 and a one year high of $104.40.

iShares Gold Trust Profile

(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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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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