Altiora Financial Group LLC Has $8.12 Million Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Altiora Financial Group LLC raised its stake in iShares Gold Trust (NYSEARCA:IAU) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 163,963 shares of the exchange traded fund’s stock after buying an additional 7,533 shares during the quarter. iShares Gold Trust accounts for about 1.8% of Altiora Financial Group LLC’s portfolio, making the stock its 14th largest position. Altiora Financial Group LLC’s holdings in iShares Gold Trust were worth $8,118,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Proficio Capital Partners LLC increased its holdings in shares of iShares Gold Trust by 2,943.8% in the fourth quarter. Proficio Capital Partners LLC now owns 65,535,203 shares of the exchange traded fund’s stock worth $3,244,648,000 after acquiring an additional 63,382,112 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in shares of iShares Gold Trust in the third quarter valued at approximately $95,801,000. Truist Financial Corp lifted its holdings in iShares Gold Trust by 56.8% during the 4th quarter. Truist Financial Corp now owns 4,160,293 shares of the exchange traded fund’s stock worth $205,976,000 after purchasing an additional 1,507,442 shares during the last quarter. 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. Finally, Park Avenue Securities LLC raised its holdings in iShares Gold Trust by 6,538.7% in the 4th quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock valued at $33,808,000 after acquiring an additional 672,568 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.1 %

Shares of IAU stock opened at $54.91 on Monday. The firm has a market capitalization of $37.26 billion, a P/E ratio of -33.32 and a beta of 0.20. iShares Gold Trust has a twelve month low of $40.63 and a twelve month high of $55.70. The stock’s fifty day simple moving average is $52.82 and its 200 day simple moving average is $50.77.

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.