iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Cowa LLC

Cowa LLC trimmed its position in iShares Gold Trust (NYSEARCA:IAU) by 8.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,308 shares of the exchange traded fund’s stock after selling 5,049 shares during the quarter. iShares Gold Trust makes up approximately 1.2% of Cowa LLC’s portfolio, making the stock its 28th largest position. Cowa LLC’s holdings in iShares Gold Trust were worth $2,639,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Strategic Financial Concepts LLC acquired a new stake in iShares Gold Trust during the 4th quarter worth about $442,000. Sanchez Wealth Management Group purchased a new stake in shares of iShares Gold Trust in the fourth quarter worth approximately $228,000. JPMorgan Chase & Co. boosted its holdings in shares of iShares Gold Trust by 9.6% during 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 during the period. Independent Family Office LLC grew its position in iShares Gold Trust by 4.1% during the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after purchasing an additional 16,827 shares in the last quarter. Finally, Silverleafe Capital Partners LLC increased its stake in iShares Gold Trust by 0.4% in the 4th quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock valued at $9,329,000 after buying an additional 689 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.1 %

IAU stock opened at $55.39 on Friday. iShares Gold Trust has a 12-month low of $38.21 and a 12-month high of $55.60. The company has a 50 day moving average of $51.64 and a two-hundred day moving average of $50.06.

About iShares Gold Trust

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.