iShares Gold Trust (NYSEARCA:IAU) Shares Sold by F M Investments LLC

F M Investments LLC reduced its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 21.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 76,026 shares of the exchange traded fund’s stock after selling 20,664 shares during the quarter. F M Investments LLC’s holdings in iShares Gold Trust were worth $3,764,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in IAU. Tucker Asset Management LLC lifted its stake in shares of iShares Gold Trust by 106.9% during the fourth quarter. Tucker Asset Management LLC now owns 509 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 263 shares in the last quarter. Compass Financial Services Inc acquired a new position in iShares Gold Trust during the 4th quarter worth approximately $27,000. Wintrust Investments LLC purchased a new position in iShares Gold Trust in the 4th quarter worth approximately $29,000. Financial Life Planners purchased a new position in iShares Gold Trust in the 4th quarter worth approximately $33,000. Finally, Newbridge Financial Services Group Inc. acquired a new stake in iShares Gold Trust in the fourth quarter valued at approximately $40,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 2.4 %

NYSEARCA IAU opened at $59.81 on Friday. The stock has a market cap of $43.21 billion, a P/E ratio of -35.73 and a beta of 0.17. The company’s fifty day simple moving average is $56.03 and its 200-day simple moving average is $52.40. iShares Gold Trust has a 52 week low of $43.05 and a 52 week high of $61.05.

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.