Authentikos Wealth Advisory LLC Sells 1,204 Shares of iShares Gold Trust (NYSEARCA:IAU)

Authentikos Wealth Advisory LLC reduced its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 5.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 20,168 shares of the exchange traded fund’s stock after selling 1,204 shares during the quarter. iShares Gold Trust comprises 1.0% of Authentikos Wealth Advisory LLC’s portfolio, making the stock its 28th biggest holding. Authentikos Wealth Advisory LLC’s holdings in iShares Gold Trust were worth $999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quadrature Capital Ltd acquired a new position in iShares Gold Trust in the 3rd quarter valued at $95,801,000. JPMorgan Chase & Co. lifted its position in iShares Gold Trust by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after acquiring an additional 981,362 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in iShares Gold Trust by 6,538.7% during the fourth 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 during the period. Kovitz Investment Group Partners LLC grew its position in shares of iShares Gold Trust by 10,279.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock valued at $33,128,000 after purchasing an additional 666,330 shares during the last quarter. Finally, Parker Investment Management LLC bought a new position in shares of iShares Gold Trust in the third quarter worth about $26,050,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA IAU opened at $54.69 on Wednesday. The stock has a 50-day simple moving average of $50.88 and a 200 day simple moving average of $49.60. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $54.94.

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.