iShares Gold Trust $IAU Shares Sold by Ewa LLC

Ewa LLC trimmed its holdings in iShares Gold Trust (NYSEARCA:IAU) by 7.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,161 shares of the exchange traded fund’s stock after selling 2,946 shares during the period. iShares Gold Trust accounts for about 0.7% of Ewa LLC’s holdings, making the stock its 24th biggest holding. Ewa LLC’s holdings in iShares Gold Trust were worth $2,317,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of iShares Gold Trust by 1.9% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 17,940,089 shares of the exchange traded fund’s stock valued at $1,057,748,000 after purchasing an additional 339,286 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares Gold Trust by 63.1% in the first quarter. Envestnet Asset Management Inc. now owns 17,575,718 shares of the exchange traded fund’s stock valued at $1,036,264,000 after purchasing an additional 6,797,066 shares during the period. LPL Financial LLC grew its holdings in shares of iShares Gold Trust by 29.6% in the first quarter. LPL Financial LLC now owns 11,182,842 shares of the exchange traded fund’s stock valued at $659,340,000 after purchasing an additional 2,552,405 shares during the period. WealthNavi Inc. grew its holdings in shares of iShares Gold Trust by 8.6% in the second quarter. WealthNavi Inc. now owns 6,571,130 shares of the exchange traded fund’s stock valued at $409,776,000 after purchasing an additional 521,530 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares Gold Trust by 10.5% in the first quarter. Ameriprise Financial Inc. now owns 6,467,599 shares of the exchange traded fund’s stock valued at $381,929,000 after purchasing an additional 616,559 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 0.2%

Shares of IAU opened at $72.88 on Thursday. iShares Gold Trust has a 12-month low of $48.29 and a 12-month high of $73.09. The firm has a 50-day moving average price of $66.05 and a 200 day moving average price of $63.13. The firm has a market capitalization of $55.84 billion, a P/E ratio of 5.53 and a beta of 0.15.

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.