AlphaCore Capital LLC Increases Position in iShares Gold Trust Micro $IAUM

AlphaCore Capital LLC lifted its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 11.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 686,638 shares of the company’s stock after purchasing an additional 68,356 shares during the period. iShares Gold Trust Micro comprises approximately 0.9% of AlphaCore Capital LLC’s portfolio, making the stock its 25th largest position. AlphaCore Capital LLC owned approximately 0.51% of iShares Gold Trust Micro worth $26,436,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IAUM. NewEdge Advisors LLC raised its stake in iShares Gold Trust Micro by 15.4% in the first quarter. NewEdge Advisors LLC now owns 30,731 shares of the company’s stock valued at $958,000 after buying an additional 4,108 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in iShares Gold Trust Micro in the first quarter valued at approximately $7,793,000. Envestnet Asset Management Inc. increased its stake in iShares Gold Trust Micro by 1,332.2% in the second quarter. Envestnet Asset Management Inc. now owns 104,735 shares of the company’s stock valued at $3,455,000 after purchasing an additional 97,422 shares during the last quarter. Rossby Financial LCC raised its holdings in iShares Gold Trust Micro by 1,558.6% during the second quarter. Rossby Financial LCC now owns 1,161 shares of the company’s stock worth $38,000 after purchasing an additional 1,091 shares in the last quarter. Finally, Cedar Point Capital Partners LLC grew its position in shares of iShares Gold Trust Micro by 13.2% in the 2nd quarter. Cedar Point Capital Partners LLC now owns 36,424 shares of the company’s stock valued at $1,202,000 after buying an additional 4,255 shares during the last quarter.

iShares Gold Trust Micro Price Performance

Shares of NYSEARCA IAUM opened at $51.36 on Thursday. The business has a 50-day moving average price of $47.46 and a 200 day moving average price of $41.79. iShares Gold Trust Micro has a 52-week low of $28.25 and a 52-week high of $55.27.

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.