iShares Gold Trust Micro (NYSEARCA:IAUM – Get Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $28.39 and last traded at $28.37, with a volume of 1400641 shares changing hands. The stock had previously closed at $28.10.
iShares Gold Trust Micro Trading Down 0.2 %
The company’s fifty day moving average price is $26.80 and its 200-day moving average price is $26.10.
Institutional Investors Weigh In On iShares Gold Trust Micro
Institutional investors and hedge funds have recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. boosted its holdings in iShares Gold Trust Micro by 23.9% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,450,000 shares of the company’s stock worth $143,062,000 after buying an additional 1,050,000 shares in the last quarter. School Employees Retirement Board of Ohio boosted its stake in shares of iShares Gold Trust Micro by 20.0% during the 4th quarter. School Employees Retirement Board of Ohio now owns 2,274,084 shares of the company’s stock worth $59,513,000 after acquiring an additional 379,649 shares in the last quarter. Fifth Third Bancorp grew its position in shares of iShares Gold Trust Micro by 20.2% during the 4th quarter. Fifth Third Bancorp now owns 463,490 shares of the company’s stock valued at $12,130,000 after acquiring an additional 77,994 shares during the period. Quadrature Capital Ltd purchased a new position in shares of iShares Gold Trust Micro during the 3rd quarter valued at approximately $11,426,000. Finally, Vicus Capital grew its stake in iShares Gold Trust Micro by 730.2% in the 4th quarter. Vicus Capital now owns 408,573 shares of the company’s stock valued at $10,692,000 after acquiring an additional 359,357 shares during the period.
iShares Gold Trust Micro Company Profile
The iShares Gold Trust Micro (IAUM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in vaults. IAUM was launched on Jun 15, 2021 and is managed by BlackRock.
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