MA Private Wealth boosted its position in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 10.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 157,758 shares of the exchange traded fund’s stock after purchasing an additional 14,705 shares during the period. iShares Gold Trust comprises about 1.9% of MA Private Wealth’s portfolio, making the stock its 17th biggest holding. MA Private Wealth’s holdings in iShares Gold Trust were worth $11,480,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of the company. MTM Investment Management LLC bought a new stake in iShares Gold Trust in the 2nd quarter valued at about $25,000. Private Wealth Management Group LLC raised its position in shares of iShares Gold Trust by 290.9% in the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 320 shares during the period. Key Financial Inc purchased a new stake in shares of iShares Gold Trust during the 2nd quarter valued at approximately $28,000. Mountain Hill Investment Partners Corp. bought a new position in iShares Gold Trust in the 3rd quarter worth approximately $29,000. Finally, Traub Capital Management LLC bought a new stake in iShares Gold Trust during the 2nd quarter valued at $31,000. 59.67% of the stock is owned by hedge funds and other institutional investors.
iShares Gold Trust Price Performance
NYSEARCA:IAU opened at $93.24 on Monday. iShares Gold Trust has a 1 year low of $53.44 and a 1 year high of $104.40. The stock’s fifty day moving average price is $85.69 and its two-hundred day moving average price is $76.14. The company has a market cap of $78.73 billion, a P/E ratio of 5.53 and a beta of 0.09.
Key Stories Impacting iShares Gold Trust
- Positive Sentiment: Technical bullish reversal signals and reclaiming short-term moving averages suggest upside momentum in gold, supporting demand for IAU. Gold (XAU/USD) Price Forecast: Bullish Reversal Signals Emerging
- Positive Sentiment: World Gold Council reports ETF investors remained steady through a sharp gold drop — implies continued structural demand for metal-backed ETFs like IAU. Gold’s precipitous price drop didn’t spook ETF investors – World Gold Council
- Positive Sentiment: Safe-haven bids are returning on risk-off flows and geopolitical jitters, helping gold test support levels that could lift ETF flows. Gold (XAUUSD) & Silver Price Forecast: Safe-Haven Bid Returns – Can XAU Recover $5,000?
- Neutral Sentiment: Analysts and outlets reiterate the bull case for gold over the medium term despite recent swings — supportive context but not an immediate catalyst. Historic swings batter gold and silver, but analysts say the bull case is intact
- Neutral Sentiment: Technical/intraday trade guides and support/resistance maps show key entry levels — useful for traders but mixed for longer-term flows into IAU. Gold market analysis for February 6 – key intra-day price entry levels for active traders
- Negative Sentiment: Short-term selling pressure from a crypto market rout spilled into gold, weighing on prices and creating volatility that can reduce short-term ETF flows. Gold Falls on Spillover Impact From Cryptocurrencies’ Selloff
- Negative Sentiment: Dollar strength, Fed policy signals and profit‑taking have capped rallies and prompted pullbacks — headwinds for gold and short-term IAU performance. Gold (XAUUSD) Price Forecast: Profit-Taking Pulls Gold Price Back From Resistance Zone
- Negative Sentiment: Silver’s sharp deleveraging and margin-driven moves are spilling into broader precious metals volatility — may pressure sentiment toward gold ETFs in the near term. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Dives 13% On Deleveraging
iShares Gold Trust Profile
iShares Gold Trust (the Trust) is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).
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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
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