Tactive Advisors LLC Increases Stake in iShares Gold Trust Micro $IAUM

Tactive Advisors LLC boosted its stake in iShares Gold Trust Micro (NYSEARCA:IAUM) by 44.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,102 shares of the company’s stock after purchasing an additional 17,594 shares during the period. Tactive Advisors LLC’s holdings in iShares Gold Trust Micro were worth $2,365,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IAUM. Fairman Group LLC increased its holdings in shares of iShares Gold Trust Micro by 508.2% during the first quarter. Fairman Group LLC now owns 596 shares of the company’s stock worth $28,000 after buying an additional 498 shares in the last quarter. International Assets Investment Management LLC bought a new stake in iShares Gold Trust Micro during the 1st quarter worth $36,000. Advisors Preferred LLC increased its holdings in iShares Gold Trust Micro by 532.8% in the 1st quarter. Advisors Preferred LLC now owns 829 shares of the company’s stock worth $39,000 after purchasing an additional 698 shares in the last quarter. Compass Financial Management LLC bought a new position in iShares Gold Trust Micro in the second quarter valued at about $37,000. Finally, Atomic Invest LLC raised its position in iShares Gold Trust Micro by 35.9% in the second quarter. Atomic Invest LLC now owns 2,980 shares of the company’s stock valued at $119,000 after purchasing an additional 788 shares during the last quarter.

iShares Gold Trust Micro Stock Performance

Shares of NYSEARCA:IAUM traded up $0.29 during midday trading on Thursday, hitting $41.16. 1,211,313 shares of the stock were exchanged, compared to its average volume of 4,378,566. The business’s 50-day moving average price is $43.19 and its 200 day moving average price is $43.66. iShares Gold Trust Micro has a 12 month low of $39.02 and a 12 month high of $55.27.

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.