12,098 Shares in iShares Gold Trust (NYSEARCA:IAU) Purchased by Financial Engines Advisors L.L.C.

Financial Engines Advisors L.L.C. acquired a new stake in iShares Gold Trust (NYSEARCA:IAU) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 12,098 shares of the exchange traded fund’s stock, valued at approximately $599,000.

A number of other large investors also recently bought and sold shares of the stock. Proficio Capital Partners LLC raised its stake in shares of iShares Gold Trust by 2,943.8% in the 4th quarter. Proficio Capital Partners LLC now owns 65,535,203 shares of the exchange traded fund’s stock valued at $3,244,648,000 after acquiring an additional 63,382,112 shares during the period. LPL Financial LLC raised its position in iShares Gold Trust by 35.4% in the fourth quarter. LPL Financial LLC now owns 8,630,437 shares of the exchange traded fund’s stock valued at $427,293,000 after purchasing an additional 2,257,590 shares during the period. Quadrature Capital Ltd purchased a new stake in iShares Gold Trust in the third quarter valued at approximately $95,801,000. Truist Financial Corp lifted its stake in iShares Gold Trust by 56.8% during the fourth 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 in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Gold Trust by 4,039.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,118,460 shares of the exchange traded fund’s stock worth $55,375,000 after buying an additional 1,091,440 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.3 %

IAU stock opened at $57.68 on Friday. The business’s fifty day moving average price is $54.61 and its 200 day moving average price is $51.62. iShares Gold Trust has a 12-month low of $41.65 and a 12-month high of $58.12. The company has a market capitalization of $41.32 billion, a PE ratio of -34.13 and a beta of 0.20.

iShares Gold Trust 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.