Moors & Cabot Inc. Acquires 2,399 Shares of iShares Gold Trust (NYSEARCA:IAU)

Moors & Cabot Inc. lifted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 13.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,641 shares of the exchange traded fund’s stock after acquiring an additional 2,399 shares during the period. Moors & Cabot Inc.’s holdings in iShares Gold Trust were worth $1,026,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of IAU. Archer Investment Corp raised its position in iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 529 shares during the period. Global Trust Asset Management LLC raised its position in shares of iShares Gold Trust by 250.0% during the second quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 500 shares during the last quarter. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Gold Trust in the second quarter worth $31,000. Opal Wealth Advisors LLC purchased a new position in iShares Gold Trust during the second quarter valued at $34,000. Finally, Pacifica Partners Inc. bought a new stake in iShares Gold Trust in the 2nd quarter valued at $35,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU opened at $50.44 on Friday. iShares Gold Trust has a 52 week low of $37.40 and a 52 week high of $52.69. The firm has a 50-day simple moving average of $50.26 and a two-hundred day simple moving average of $47.07.

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.