Topor & Co. Korea Buys New Holdings in iShares Gold Trust $IAU

Topor & Co. Korea acquired a new stake in iShares Gold Trust (NYSEARCA:IAU) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 102,875 shares of the exchange traded fund’s stock, valued at approximately $8,350,000. iShares Gold Trust comprises about 6.3% of Topor & Co. Korea’s portfolio, making the stock its 5th largest position.

Other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE grew its stake in shares of iShares Gold Trust by 1.5% during the 3rd quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock worth $2,241,280,000 after purchasing an additional 456,140 shares during the period. LPL Financial LLC grew its stake in iShares Gold Trust by 1.5% in the 4th quarter. LPL Financial LLC now owns 13,742,286 shares of the exchange traded fund’s stock valued at $1,115,461,000 after acquiring an additional 203,528 shares during the period. Wells Fargo & Company MN increased its holdings in iShares Gold Trust by 2.0% in the 4th quarter. Wells Fargo & Company MN now owns 13,136,955 shares of the exchange traded fund’s stock worth $1,066,327,000 after acquiring an additional 260,541 shares in the last quarter. UBS Group AG increased its holdings in iShares Gold Trust by 6.5% in the 3rd quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock worth $665,704,000 after acquiring an additional 561,489 shares in the last quarter. Finally, Citigroup Inc. increased its holdings in iShares Gold Trust by 35.7% in the 4th quarter. Citigroup Inc. now owns 7,201,313 shares of the exchange traded fund’s stock worth $584,531,000 after acquiring an additional 1,893,594 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $79.33 on Friday. The company has a fifty day moving average of $85.76 and a two-hundred day moving average of $87.73. The stock has a market capitalization of $67.54 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a fifty-two week low of $61.37 and a fifty-two week high of $104.40.

Key iShares Gold Trust News

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

• Positive Sentiment: Longer-term demand for gold remains supported by central bank buying and geopolitical uncertainty, with several analysts arguing gold ETFs still belong in diversified portfolios. Why Gold ETFs Still Deserve a Place in Long-Term Portfolios
• Positive Sentiment: Some market commentary says central banks are likely to keep increasing gold reserves amid rising geopolitical risks, which could provide ongoing support for gold-backed funds like IAU. Central banks are bringing gold reserves home as geopolitical risks rise
• Neutral Sentiment: Gold briefly found support after the Fed held rates steady, but the market quickly shifted to pricing in a higher-for-longer policy path, limiting the bounce. Gold Rises After Fed Leaves Rates Unchanged
• Negative Sentiment: Gold prices fell as the Fed’s hawkish messaging revived expectations for additional tightening, pushing the dollar higher and pressuring bullion. Gold, silver sink as dollar tests yearly highs following hawkish Fed – Kitco PM Report
• Negative Sentiment: Recent articles point to continued technical weakness in gold, with prices failing at resistance and testing support levels that could signal more downside if they break. Gold (XAU/USD) Price Forecast: Can Bulls Defend Fibonacci Support?

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).