JB Capital LLC Purchases 179,492 Shares of iShares Gold Trust (NYSEARCA:IAU)

JB Capital LLC lifted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 2,939.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 185,598 shares of the exchange traded fund’s stock after buying an additional 179,492 shares during the quarter. JB Capital LLC’s holdings in iShares Gold Trust were worth $9,189,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. increased its stake 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 in the last quarter. Independent Family Office LLC increased its position in iShares Gold Trust by 4.1% in the 3rd quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after buying an additional 16,827 shares in the last quarter. Silverleafe Capital Partners LLC increased its position 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 in the last quarter. Merit Financial Group LLC raised its stake in iShares Gold Trust by 177.6% during the 4th quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock worth $2,552,000 after buying an additional 32,975 shares during the period. Finally, International Assets Investment Management LLC boosted its holdings in iShares Gold Trust by 4,843.7% in 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 acquiring an additional 229,303 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.2 %

Shares of NYSEARCA IAU opened at $52.87 on Monday. The company has a 50-day moving average price of $50.39 and a 200-day moving average price of $49.21. 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.