New Millennium Group LLC Reduces Holdings in iShares Gold Trust (NYSEARCA:IAU)

New Millennium Group LLC lessened its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 98.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,464 shares of the exchange traded fund’s stock after selling 92,963 shares during the quarter. New Millennium Group LLC’s holdings in iShares Gold Trust were worth $72,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its position in iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after purchasing an additional 981,362 shares during the period. Independent Family Office LLC increased its position in shares of iShares Gold Trust by 4.1% during the 3rd quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock worth $21,155,000 after purchasing an additional 16,827 shares during the last quarter. Silverleafe Capital Partners LLC raised its holdings in iShares Gold Trust by 0.4% in the 4th quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock valued at $9,329,000 after buying an additional 689 shares during the period. Merit Financial Group LLC lifted its position in iShares Gold Trust by 177.6% in the fourth quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock valued at $2,552,000 after buying an additional 32,975 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its stake in iShares Gold Trust by 4,843.7% during the third quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after buying an additional 229,303 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $52.87 on Friday. The company’s 50 day simple moving average is $50.35 and its 200-day simple moving average is $49.15. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $53.18.

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.