AlphaCore Capital LLC Increases Stock Position in iShares Gold Trust Micro $IAUM

AlphaCore Capital LLC grew its stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 9.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 751,834 shares of the company’s stock after buying an additional 65,196 shares during the quarter. AlphaCore Capital LLC’s holdings in iShares Gold Trust Micro were worth $32,321,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in IAUM. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of iShares Gold Trust Micro by 21.0% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 21,934,927 shares of the company’s stock valued at $942,983,000 after acquiring an additional 3,800,000 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp boosted its holdings in shares of iShares Gold Trust Micro by 92.3% in the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 6,660,684 shares of the company’s stock worth $256,436,000 after buying an additional 3,196,900 shares during the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of iShares Gold Trust Micro by 292.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 1,190,031 shares of the company’s stock worth $51,409,000 after buying an additional 886,737 shares during the last quarter. Vident Advisory LLC purchased a new position in shares of iShares Gold Trust Micro in the second quarter worth approximately $22,029,000. Finally, Myriad Asset Management US LP boosted its holdings in shares of iShares Gold Trust Micro by 475.0% in the third quarter. Myriad Asset Management US LP now owns 690,792 shares of the company’s stock worth $26,595,000 after buying an additional 570,650 shares during the last quarter.

iShares Gold Trust Micro Price Performance

IAUM opened at $45.30 on Friday. The company’s 50 day moving average is $47.26 and its 200 day moving average is $45.87. iShares Gold Trust Micro has a 12-month low of $31.57 and a 12-month high of $55.27.

iShares Gold Trust Micro 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.