Alexis Investment Partners LLC Makes New Investment in iShares Gold Trust (NYSEARCA:IAU)

Alexis Investment Partners LLC acquired a new stake in iShares Gold Trust (NYSEARCA:IAU) during the 4th quarter, Holdings Channel.com reports. The firm acquired 1,250 shares of the exchange traded fund’s stock, valued at approximately $62,000.

A number of other large investors have also made changes to their positions in IAU. NewEdge Advisors LLC raised its stake in iShares Gold Trust by 166.1% in the 4th quarter. NewEdge Advisors LLC now owns 513,450 shares of the exchange traded fund’s stock valued at $25,421,000 after purchasing an additional 320,532 shares during the last quarter. Insigneo Advisory Services LLC lifted its stake in shares of iShares Gold Trust by 3.2% during the fourth quarter. Insigneo Advisory Services LLC now owns 28,446 shares of the exchange traded fund’s stock valued at $1,408,000 after buying an additional 871 shares during the period. Twin Focus Capital Partners LLC increased its stake in shares of iShares Gold Trust by 14.1% during the 4th quarter. Twin Focus Capital Partners LLC now owns 898,038 shares of the exchange traded fund’s stock valued at $44,462,000 after acquiring an additional 110,733 shares during the last quarter. Regal Investment Advisors LLC increased its stake in iShares Gold Trust by 83.6% during the fourth quarter. Regal Investment Advisors LLC now owns 35,921 shares of the exchange traded fund’s stock worth $1,778,000 after acquiring an additional 16,354 shares during the last quarter. Finally, United Capital Financial Advisors LLC grew its holdings in shares of iShares Gold Trust by 1,440.0% during the 4th quarter. United Capital Financial Advisors LLC now owns 220,128 shares of the exchange traded fund’s stock worth $10,899,000 after purchasing an additional 205,834 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $62.63 on Friday. The firm has a market capitalization of $45.25 billion, a price-to-earnings ratio of -35.73 and a beta of 0.17. iShares Gold Trust has a one year low of $43.05 and a one year high of $63.03. The company’s 50 day moving average price is $56.78 and its 200 day moving average price is $52.78.

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.