Ingalls & Snyder LLC Has $415,000 Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Ingalls & Snyder LLC decreased its position in iShares Gold Trust (NYSEARCA:IAU) by 35.1% in the 4th quarter, HoldingsChannel reports. The fund owned 8,389 shares of the exchange traded fund’s stock after selling 4,538 shares during the period. Ingalls & Snyder LLC’s holdings in iShares Gold Trust were worth $415,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC acquired a new position in iShares Gold Trust in the 4th quarter valued at approximately $442,000. Sanchez Wealth Management Group acquired a new position in iShares Gold Trust in the 4th quarter valued at approximately $228,000. JPMorgan Chase & Co. raised its holdings in iShares Gold Trust by 9.6% in the 3rd 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 in the last quarter. Independent Family Office LLC raised its holdings in iShares Gold Trust by 4.1% in the 3rd 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 in the last quarter. Finally, Silverleafe Capital Partners LLC grew its stake in shares of 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 purchasing an additional 689 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.0 %

IAU stock opened at $55.28 on Friday. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $55.30. The business’s 50 day moving average is $51.07 and its 200-day moving average is $49.70.

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.