iShares Gold Strategy ETF (BATS:IAUF) Shares Down 0.1%

iShares Gold Strategy ETF (BATS:IAUF)’s share price fell 0.1% during trading on Monday . The stock traded as low as $62.29 and last traded at $62.54. 2,787 shares were traded during trading, The stock had previously closed at $62.63.

iShares Gold Strategy ETF Trading Down 0.1 %

The firm has a 50-day moving average of $62.00 and a 200 day moving average of $58.99. The company has a market cap of $50.03 million and a P/E ratio of 12.07.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in IAUF. Van ECK Associates Corp raised its stake in shares of iShares Gold Strategy ETF by 2,114.9% in the fourth quarter. Van ECK Associates Corp now owns 145,606 shares of the company’s stock worth $7,916,000 after purchasing an additional 139,032 shares during the last quarter. Mission Wealth Management LP purchased a new stake in shares of iShares Gold Strategy ETF during the first quarter valued at approximately $1,348,000. AdvisorShares Investments LLC purchased a new stake in shares of iShares Gold Strategy ETF during the fourth quarter valued at approximately $1,042,000. Finally, Principal Securities Inc. purchased a new stake in shares of iShares Gold Strategy ETF during the fourth quarter valued at approximately $108,000.

About iShares Gold Strategy ETF

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.