iShares Gold Trust Micro (NYSEARCA:IAUM) Reaches New 52-Week High at $26.29

Shares of iShares Gold Trust Micro (NYSEARCA:IAUM) hit a new 52-week high during trading on Tuesday . The company traded as high as $26.29 and last traded at $26.28, with a volume of 71317 shares. The stock had previously closed at $26.20.

iShares Gold Trust Micro Stock Up 0.7 %

The firm’s fifty day moving average is $24.75 and its two-hundred day moving average is $23.67.

Hedge Funds Weigh In On iShares Gold Trust Micro

A number of institutional investors have recently bought and sold shares of IAUM. MGO One Seven LLC bought a new position in iShares Gold Trust Micro in the second quarter worth $3,150,000. Fielder Capital Group LLC increased its stake in shares of iShares Gold Trust Micro by 36.0% in the 2nd quarter. Fielder Capital Group LLC now owns 236,357 shares of the company’s stock worth $5,483,000 after acquiring an additional 62,548 shares in the last quarter. Slagle Financial LLC lifted its position in iShares Gold Trust Micro by 11.9% during the 2nd quarter. Slagle Financial LLC now owns 22,257 shares of the company’s stock valued at $516,000 after acquiring an additional 2,369 shares during the period. Vicus Capital boosted its stake in iShares Gold Trust Micro by 52.5% during the second quarter. Vicus Capital now owns 46,042 shares of the company’s stock worth $1,068,000 after acquiring an additional 15,854 shares in the last quarter. Finally, Fifth Third Bancorp grew its holdings in iShares Gold Trust Micro by 4.5% in the second quarter. Fifth Third Bancorp now owns 341,626 shares of the company’s stock worth $7,926,000 after purchasing an additional 14,817 shares during the period.

iShares Gold Trust Micro Company Profile

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.