iShares Gold Trust Micro (NYSEARCA:IAUM) Sees Large Volume Increase

iShares Gold Trust Micro (NYSEARCA:IAUM) saw unusually-strong trading volume on Friday . Approximately 1,044,737 shares were traded during trading, an increase of 17% from the previous session’s volume of 890,484 shares.The stock last traded at $22.84 and had previously closed at $22.99.

iShares Gold Trust Micro Stock Down 0.1 %

The company’s fifty day moving average is $22.33 and its 200 day moving average is $20.88.

Institutional Investors Weigh In On iShares Gold Trust Micro

Several institutional investors have recently made changes to their positions in the stock. True Wealth Design LLC bought a new stake in shares of iShares Gold Trust Micro during the 3rd quarter valued at $27,000. Timber Creek Capital Management LLC purchased a new position in iShares Gold Trust Micro during the 4th quarter valued at about $35,000. Sound Income Strategies LLC bought a new stake in shares of iShares Gold Trust Micro during the first quarter valued at about $82,000. Exchange Traded Concepts LLC purchased a new stake in shares of iShares Gold Trust Micro in the third quarter worth about $85,000. Finally, Pineridge Advisors LLC purchased a new stake in shares of iShares Gold Trust Micro in the fourth quarter worth about $226,000.

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.