iShares Gold Trust Micro (NYSEARCA:IAUM – Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $31.66 and last traded at $31.55, with a volume of 960939 shares. The stock had previously closed at $30.84.
iShares Gold Trust Micro Trading Up 1.9 %
The firm’s fifty day simple moving average is $29.70 and its two-hundred day simple moving average is $27.73.
Institutional Investors Weigh In On iShares Gold Trust Micro
A number of institutional investors and hedge funds have recently bought and sold shares of IAUM. Rede Wealth LLC boosted its stake in shares of iShares Gold Trust Micro by 1.8% in the fourth quarter. Rede Wealth LLC now owns 36,610 shares of the company’s stock worth $958,000 after acquiring an additional 640 shares during the period. Pineridge Advisors LLC lifted its holdings in iShares Gold Trust Micro by 16.9% in the 4th quarter. Pineridge Advisors LLC now owns 4,978 shares of the company’s stock worth $130,000 after purchasing an additional 721 shares in the last quarter. NBC Securities Inc. boosted its stake in iShares Gold Trust Micro by 127,400.0% in the 1st quarter. NBC Securities Inc. now owns 1,275 shares of the company’s stock worth $39,000 after purchasing an additional 1,274 shares during the period. Cerity Partners LLC grew its holdings in iShares Gold Trust Micro by 9.3% during the 4th quarter. Cerity Partners LLC now owns 16,084 shares of the company’s stock valued at $421,000 after buying an additional 1,367 shares in the last quarter. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of iShares Gold Trust Micro during the fourth quarter valued at approximately $74,000.
About iShares Gold Trust Micro
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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