Redhawk Wealth Advisors Inc. Has $447,000 Position in iShares Gold Trust (NYSEARCA:IAU)

Redhawk Wealth Advisors Inc. grew its holdings in iShares Gold Trust (NYSEARCA:IAU) by 3.9% during the fourth quarter, Holdings Channel reports. The firm owned 9,024 shares of the exchange traded fund’s stock after acquiring an additional 337 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in iShares Gold Trust were worth $447,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Silvia Mccoll Wealth Management LLC increased its holdings in iShares Gold Trust by 60.2% in the fourth quarter. Silvia Mccoll Wealth Management LLC now owns 17,741 shares of the exchange traded fund’s stock worth $878,000 after purchasing an additional 6,670 shares in the last quarter. CPR Investments Inc. acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth approximately $669,000. Park Avenue Securities LLC increased its stake 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 valued at $33,808,000 after acquiring an additional 672,568 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its position in shares of iShares Gold Trust by 58.5% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 59,291 shares of the exchange traded fund’s stock valued at $2,935,000 after acquiring an additional 21,887 shares during the period. Finally, SeaCrest Wealth Management LLC lifted its position in shares of iShares Gold Trust by 2.7% during the 4th quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock valued at $410,000 after acquiring an additional 215 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $51.25 on Friday. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $52.69. The firm has a fifty day simple moving average of $49.86 and a two-hundred day simple moving average of $48.64.

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.