NorthCrest Asset Manangement LLC Buys 404 Shares of iShares Gold Trust (NYSEARCA:IAU)

NorthCrest Asset Manangement LLC raised its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.1% in the 4th quarter, HoldingsChannel reports. The firm owned 377,488 shares of the exchange traded fund’s stock after purchasing an additional 404 shares during the period. NorthCrest Asset Manangement LLC’s holdings in iShares Gold Trust were worth $18,761,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC raised its holdings in shares of iShares Gold Trust by 0.3% during the 3rd quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock valued at $1,146,335,000 after buying an additional 60,784 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in iShares Gold Trust by 0.8% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,152,535 shares of the exchange traded fund’s stock valued at $902,181,000 after acquiring an additional 142,487 shares during the last quarter. Empower Advisory Group LLC raised its stake in shares of iShares Gold Trust by 0.8% during the third quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock worth $741,610,000 after acquiring an additional 111,210 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of 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 worth $557,498,000 after acquiring an additional 981,362 shares during the last quarter. Finally, WealthNavi Inc. boosted its stake in shares of iShares Gold Trust by 4.2% in the 3rd quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock valued at $287,405,000 after purchasing an additional 233,999 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA:IAU traded up $0.49 during trading hours on Friday, reaching $50.78. The company’s stock had a trading volume of 3,673,318 shares, compared to its average volume of 4,240,430. The firm has a 50-day simple moving average of $49.92 and a 200-day simple moving average of $48.41. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $52.69.

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.