Envestnet Asset Management Inc. grew its stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM – Free Report) by 1,332.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 104,735 shares of the company’s stock after purchasing an additional 97,422 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.11% of iShares Gold Trust Micro worth $3,455,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in IAUM. Sumitomo Mitsui Trust Group Inc. boosted its position in iShares Gold Trust Micro by 39.8% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,300,000 shares of the company’s stock valued at $306,807,000 after purchasing an additional 2,650,000 shares during the period. AlTi Global Inc. bought a new stake in iShares Gold Trust Micro in the second quarter valued at $46,193,000. Blue Trust Inc. boosted its holdings in shares of iShares Gold Trust Micro by 2,907.8% during the second quarter. Blue Trust Inc. now owns 1,385,449 shares of the company’s stock valued at $45,706,000 after acquiring an additional 1,339,387 shares during the period. Fifth Third Bancorp grew its position in shares of iShares Gold Trust Micro by 22.7% during the second quarter. Fifth Third Bancorp now owns 705,180 shares of the company’s stock worth $23,264,000 after acquiring an additional 130,623 shares during the last quarter. Finally, AlphaCore Capital LLC acquired a new stake in shares of iShares Gold Trust Micro in the 1st quarter worth about $19,098,000.
iShares Gold Trust Micro Trading Down 1.8%
Shares of NYSEARCA:IAUM opened at $40.75 on Friday. The company’s 50-day moving average price is $39.26 and its 200 day moving average price is $35.44. iShares Gold Trust Micro has a fifty-two week low of $25.53 and a fifty-two week high of $43.68.
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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