Smith Moore & CO. purchased a new stake in iShares Gold Trust Micro (NYSEARCA:IAUM – Free Report) during the third quarter, HoldingsChannel.com reports. The fund purchased 18,518 shares of the company’s stock, valued at approximately $713,000.
Several other hedge funds have also bought and sold shares of the stock. NewEdge Advisors LLC boosted its holdings in shares of iShares Gold Trust Micro by 15.4% during the 1st quarter. NewEdge Advisors LLC now owns 30,731 shares of the company’s stock valued at $958,000 after purchasing an additional 4,108 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of iShares Gold Trust Micro in the first quarter worth about $7,793,000. Envestnet Asset Management Inc. increased its holdings in shares of 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 worth $3,455,000 after purchasing an additional 97,422 shares during the last quarter. Atria Investments Inc purchased a new stake in shares of iShares Gold Trust Micro in the second quarter worth about $300,000. Finally, AE Wealth Management LLC lifted its position in shares of iShares Gold Trust Micro by 41.9% in the second quarter. AE Wealth Management LLC now owns 449,599 shares of the company’s stock worth $14,832,000 after buying an additional 132,699 shares in the last quarter.
iShares Gold Trust Micro Price Performance
Shares of iShares Gold Trust Micro stock opened at $51.36 on Friday. The stock has a 50 day moving average of $48.48 and a 200 day moving average of $42.69. iShares Gold Trust Micro has a 12 month low of $28.72 and a 12 month 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.
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Want to see what other hedge funds are holding IAUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust Micro (NYSEARCA:IAUM – Free Report).
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