Atria Investments Inc Has $6.26 Million Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Atria Investments Inc increased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 85.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 126,471 shares of the exchange traded fund’s stock after acquiring an additional 58,106 shares during the period. Atria Investments Inc’s holdings in iShares Gold Trust were worth $6,262,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in IAU. Bank of New York Mellon Corp boosted its position in iShares Gold Trust by 5.8% in the fourth quarter. Bank of New York Mellon Corp now owns 1,136,328 shares of the exchange traded fund’s stock valued at $56,260,000 after buying an additional 62,195 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in shares of iShares Gold Trust during the fourth quarter valued at $442,000. Sanchez Wealth Management Group bought a new position in shares of iShares Gold Trust during the fourth quarter valued at $228,000. JPMorgan Chase & Co. raised its stake 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 valued at $557,498,000 after acquiring an additional 981,362 shares during the last quarter. Finally, Independent Family Office LLC raised its stake in shares of 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 acquiring an additional 16,827 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU stock opened at $54.87 on Friday. The company has a fifty day moving average price of $52.71 and a 200-day moving average price of $50.67. The company has a market capitalization of $37.24 billion, a P/E ratio of -33.32 and a beta of 0.20. iShares Gold Trust has a 52-week low of $40.63 and a 52-week high of $55.70.

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.