JPMorgan Chase & Co. Acquires 165,954 Shares of iShares Gold Trust Micro $IAUM

JPMorgan Chase & Co. raised its holdings in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 24.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 856,687 shares of the company’s stock after buying an additional 165,954 shares during the quarter. JPMorgan Chase & Co. owned about 0.64% of iShares Gold Trust Micro worth $32,982,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Sumitomo Mitsui Trust Group Inc. increased its position in iShares Gold Trust Micro by 95.0% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,134,927 shares of the company’s stock worth $698,195,000 after acquiring an additional 8,834,927 shares during the period. Adventist Health System Sunbelt Healthcare Corp boosted its holdings in iShares Gold Trust Micro by 92.3% in the 3rd quarter. Adventist Health System Sunbelt Healthcare Corp now owns 6,660,684 shares of the company’s stock valued at $256,436,000 after purchasing an additional 3,196,900 shares during the period. Bank of America Corp DE boosted its holdings in iShares Gold Trust Micro by 22.0% in the 3rd quarter. Bank of America Corp DE now owns 2,703,033 shares of the company’s stock valued at $104,067,000 after purchasing an additional 487,434 shares during the period. Blue Trust Inc. grew its position in iShares Gold Trust Micro by 31.6% in the 3rd quarter. Blue Trust Inc. now owns 1,823,937 shares of the company’s stock worth $70,222,000 after purchasing an additional 438,488 shares during the last quarter. Finally, Vident Advisory LLC grew its position in iShares Gold Trust Micro by 18.2% in the 3rd quarter. Vident Advisory LLC now owns 789,199 shares of the company’s stock worth $30,384,000 after purchasing an additional 121,445 shares during the last quarter.

iShares Gold Trust Micro Stock Performance

NYSEARCA:IAUM opened at $44.86 on Monday. The firm’s 50-day moving average is $49.60 and its 200-day moving average is $43.83. iShares Gold Trust Micro has a 52-week low of $29.49 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.