Orion Portfolio Solutions LLC Raises Position in iShares Gold Trust Micro (NYSEARCA:IAUM)

Orion Portfolio Solutions LLC increased its holdings in iShares Gold Trust Micro (NYSEARCA:IAUM) by 35.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,062 shares of the company’s stock after purchasing an additional 3,920 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares Gold Trust Micro were worth $395,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Quadrature Capital Ltd acquired a new stake in iShares Gold Trust Micro in the 3rd quarter worth about $11,426,000. Flow Traders U.S. LLC boosted its position in shares of iShares Gold Trust Micro by 141.2% in the third quarter. Flow Traders U.S. LLC now owns 132,356 shares of the company’s stock worth $3,474,000 after acquiring an additional 77,484 shares during the last quarter. Prospera Financial Services Inc grew its holdings in iShares Gold Trust Micro by 527.1% in the third quarter. Prospera Financial Services Inc now owns 85,401 shares of the company’s stock valued at $2,242,000 after purchasing an additional 71,783 shares during the period. Westfuller Advisors LLC acquired a new position in iShares Gold Trust Micro during the third quarter worth approximately $309,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in iShares Gold Trust Micro by 23.9% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,450,000 shares of the company’s stock worth $143,062,000 after purchasing an additional 1,050,000 shares during the period.

iShares Gold Trust Micro Trading Down 1.9 %

Shares of IAUM opened at $25.87 on Thursday. The company’s fifty day moving average is $26.64 and its two-hundred day moving average is $25.25. iShares Gold Trust Micro has a fifty-two week low of $19.81 and a fifty-two week high of $27.83.

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.