iShares Gold Strategy ETF (BATS:IAUF) Trading Down 0.2%

iShares Gold Strategy ETF (BATS:IAUF) dropped 0.2% during trading on Monday . The company traded as low as $61.00 and last traded at $61.00. Approximately 24,611 shares were traded during trading, The stock had previously closed at $61.13.

iShares Gold Strategy ETF Trading Down 0.2 %

The business has a 50-day moving average price of $61.45 and a 200 day moving average price of $57.86. The stock has a market cap of $48.80 million and a PE ratio of 12.07.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IAUF. Van ECK Associates Corp lifted its position in shares of iShares Gold Strategy ETF by 2,114.9% during the 4th quarter. Van ECK Associates Corp now owns 145,606 shares of the company’s stock valued at $7,916,000 after buying an additional 139,032 shares during the last quarter. Mission Wealth Management LP purchased a new stake in iShares Gold Strategy ETF during the 1st quarter worth about $1,348,000. AdvisorShares Investments LLC purchased a new stake in iShares Gold Strategy ETF during the 4th quarter worth about $1,042,000. Finally, Principal Securities Inc. purchased a new stake in iShares Gold Strategy ETF during the 4th quarter worth about $108,000.

iShares Gold Strategy ETF Company Profile

The iShares Gold Strategy ETF (IAUF) is an exchange-traded fund that is based on the Bloomberg Gold index. The fund follows an index that provides exposure to the price performance of gold by holding gold futures and gold ETPs. IAUF was launched on Jun 6, 2018 and is managed by BlackRock.