Purkiss Capital Advisors LLC Has $12.05 Million Stake in iShares Gold Trust $IAU

Purkiss Capital Advisors LLC trimmed its holdings in iShares Gold Trust (NYSEARCA:IAU) by 38.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 165,608 shares of the exchange traded fund’s stock after selling 102,412 shares during the quarter. iShares Gold Trust comprises about 5.8% of Purkiss Capital Advisors LLC’s portfolio, making the stock its 3rd biggest position. Purkiss Capital Advisors LLC’s holdings in iShares Gold Trust were worth $12,051,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IAU. Brighton Jones LLC acquired a new position in iShares Gold Trust in the fourth quarter valued at approximately $1,864,000. Bison Wealth LLC increased its stake in shares of iShares Gold Trust by 78.5% in the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after acquiring an additional 7,379 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of iShares Gold Trust by 47.0% in the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after acquiring an additional 8,609 shares in the last quarter. Fifth Third Bancorp lifted its position in shares of iShares Gold Trust by 21.9% during the 2nd quarter. Fifth Third Bancorp now owns 6,812 shares of the exchange traded fund’s stock valued at $425,000 after acquiring an additional 1,226 shares during the period. Finally, Norden Group LLC acquired a new position in shares of iShares Gold Trust during the 2nd quarter valued at $209,000. Institutional investors own 59.67% of the company’s stock.

More iShares Gold Trust News

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

• Positive Sentiment: Record gold rally fuels ETF demand — Gold extended a record run, topping $5,100 as investors and central banks sought refuge amid geopolitical risks, lifting gold‑linked ETFs like IAU. Gold races to $5,100 record peak on safe-haven demand
• Positive Sentiment: Broad market flight to safety supports flows — Multiple outlets report the gold surge is driven by geopolitical shocks and U.S. dollar weakness, factors that typically increase allocations to gold ETFs such as IAU. Gold surges past $5,000 as investors seek shelter from global risks
• Positive Sentiment: Analysts see further upside — Several analysts and reports say gold could keep climbing toward $6,000 on continued central‑bank buying and heightened geopolitical risk, implying more upside potential for IAU. Gold has more room to run as geopolitics, cenbank buying fuel gains, analysts say
• Neutral Sentiment: Miners and metal markets rally alongside gold — Strong precious‑metals moves are lifting miners and related equities, but IAU’s price action is driven by the metal itself rather than miners’ operational news. Gold surge above $5,000 helps miners continue to surge
• Neutral Sentiment: Different drivers across metals — Commentary notes gold’s rally is macro/safe‑haven driven, while other metals (e.g., copper) respond to industrial demand; this distinction matters for sector rotation but is neutral for a pure gold ETF like IAU. Gold and Copper Are Shining For Different Reasons
• Negative Sentiment: Cost competition from rival ETFs — Analysis points out lower‑cost alternatives (e.g., GLDM) could attract fee‑sensitive investors and limit future net inflows into IAU despite current price gains. Gold ETFs: GLDM Offers Lower Costs, While IAU Boasts More AUM

iShares Gold Trust Trading Up 1.3%

NYSEARCA:IAU opened at $93.79 on Monday. The stock has a market capitalization of $79.13 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The firm has a fifty day simple moving average of $82.31 and a two-hundred day simple moving average of $73.95. iShares Gold Trust has a 12 month low of $51.52 and a 12 month high of $93.95.

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).