5,675 Shares in iShares Gold Trust (NYSEARCA:IAU) Acquired by SpiderRock Advisors LLC

SpiderRock Advisors LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAU) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,675 shares of the exchange traded fund’s stock, valued at approximately $232,000.

Other hedge funds also recently modified their holdings of the company. PFG Advisors raised its stake in iShares Gold Trust by 3.7% during the fourth quarter. PFG Advisors now owns 20,968 shares of the exchange traded fund’s stock worth $818,000 after buying an additional 754 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its stake in iShares Gold Trust by 203.7% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 19,533 shares of the exchange traded fund’s stock valued at $762,000 after acquiring an additional 13,101 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new position in iShares Gold Trust in the fourth quarter valued at about $544,000. Geneos Wealth Management Inc. raised its position in shares of iShares Gold Trust by 10.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 3,050 shares of the exchange traded fund’s stock valued at $119,000 after purchasing an additional 282 shares during the period. Finally, Southland Equity Partners LLC increased its holdings in iShares Gold Trust by 21.8% during the 1st quarter. Southland Equity Partners LLC now owns 8,870 shares of the exchange traded fund’s stock worth $373,000 after acquiring an additional 1,590 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU traded up $0.52 during trading on Friday, reaching $45.07. The company had a trading volume of 3,935,117 shares, compared to its average volume of 6,322,714. The company has a fifty day moving average of $44.20 and a two-hundred day moving average of $41.58. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $46.08.

iShares Gold Trust 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.