Keybank National Association OH Acquires 104,816 Shares of iShares Gold Trust (NYSEARCA:IAU)

Keybank National Association OH grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,262,769 shares of the exchange traded fund’s stock after buying an additional 104,816 shares during the quarter. iShares Gold Trust accounts for about 0.6% of Keybank National Association OH’s investment portfolio, making the stock its 29th biggest position. Keybank National Association OH owned 0.49% of iShares Gold Trust worth $161,540,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Proficio Capital Partners LLC grew its stake in iShares Gold Trust by 2,943.8% in the fourth quarter. Proficio Capital Partners LLC now owns 65,535,203 shares of the exchange traded fund’s stock worth $3,244,648,000 after purchasing an additional 63,382,112 shares in the last quarter. FMR LLC grew its stake in iShares Gold Trust by 0.3% in the third quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock worth $1,146,335,000 after purchasing an additional 60,784 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in iShares Gold Trust by 0.8% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,152,535 shares of the exchange traded fund’s stock worth $902,181,000 after purchasing an additional 142,487 shares in the last quarter. Empower Advisory Group LLC grew its stake in iShares Gold Trust by 0.8% in the third quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock worth $741,610,000 after purchasing an additional 111,210 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after purchasing an additional 981,362 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 1.3 %

Shares of NYSEARCA:IAU opened at $54.57 on Tuesday. iShares Gold Trust has a 52-week low of $39.61 and a 52-week high of $55.70. The stock has a market cap of $37.03 billion, a P/E ratio of -33.32 and a beta of 0.20. The business’s 50 day moving average is $52.38 and its 200 day moving average is $50.56.

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.