REAP Financial Group LLC Has $524,000 Holdings in iShares Gold Trust $IAU

REAP Financial Group LLC grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 11,864.8% in the 4th quarter, HoldingsChannel reports. The fund owned 6,461 shares of the exchange traded fund’s stock after purchasing an additional 6,407 shares during the quarter. REAP Financial Group LLC’s holdings in iShares Gold Trust were worth $524,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Schmidt P J Investment Management Inc. boosted its stake in shares of iShares Gold Trust by 1.1% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock valued at $760,000 after buying an additional 106 shares during the period. Foster Group Inc. boosted its stake in shares of iShares Gold Trust by 2.4% in the fourth quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock valued at $416,000 after buying an additional 120 shares during the period. Two West Capital Advisors LLC boosted its stake in shares of iShares Gold Trust by 1.9% in the fourth quarter. Two West Capital Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock valued at $571,000 after buying an additional 132 shares during the period. Focused Wealth Management Inc boosted its stake in shares of iShares Gold Trust by 3.4% in the fourth quarter. Focused Wealth Management Inc now owns 4,063 shares of the exchange traded fund’s stock valued at $330,000 after buying an additional 132 shares during the period. Finally, PUREfi Wealth LLC boosted its stake in shares of iShares Gold Trust by 1.6% in the fourth quarter. PUREfi Wealth LLC now owns 8,861 shares of the exchange traded fund’s stock valued at $719,000 after buying an additional 141 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Down 1.0%

Shares of IAU stock opened at $83.59 on Thursday. The stock has a market cap of $71.16 billion, a P/E ratio of 5.53 and a beta of 0.16. The stock has a 50 day simple moving average of $87.08 and a 200 day simple moving average of $87.50. iShares Gold Trust has a 1 year low of $61.37 and a 1 year high of $104.40.

More iShares Gold Trust News

Here are the key news stories impacting iShares Gold Trust this week:

• Neutral Sentiment: Central banks returned to net gold buying in April, led by Poland and China, which supports long-term demand for bullion. Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC
• Neutral Sentiment: The European Central Bank said gold remains a key reserve asset, reinforcing gold’s role as a strategic store of value. Central banks see gold as the reserve asset of choice – ECB report
• Neutral Sentiment: Technical commentary suggests gold is nearing important support zones, with analysts watching for a breakdown or stabilization signal. Gold (XAU/USD) Price Forecast: Bearish Structure Tests Key Support Zones
• Neutral Sentiment: Gold is being pressured by stronger U.S. data, including a rising ISM Services PMI and higher job openings, which reduce the case for near-term rate cuts. Gold off session lows after ISM Services PMI rises to 54.5 in May
• Negative Sentiment: Rising Treasury yields, a firmer dollar, and renewed Fed hike fears are weighing on gold prices and hurting the ETF. Gold (XAU/USD) Price Forecast: Gold Price Falls as Fed Hike Fears Return
• Negative Sentiment: Oil strength and hawkish central bank expectations are adding pressure to precious metals, contributing to gold’s recent weakness. Gold and Silver Price Forecast: Oil Surge Pressures Gold Before Jobs Data
• Negative Sentiment: Kitco reported that gold and silver sold off as U.S.-Iran fighting, higher oil, and rising yields pressured non-yielding metals. Gold breaks $4,440 as U.S.-Iran fighting pressures markets – Kitco PM Report

iShares Gold Trust Company 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).