Running Point Capital Advisors LLC Has $2.26 Million Stock Position in iShares Gold Trust Micro (NYSEARCA:IAUM)

Running Point Capital Advisors LLC lessened its holdings in iShares Gold Trust Micro (NYSEARCA:IAUM) by 1.9% during the third quarter, HoldingsChannel reports. The firm owned 85,891 shares of the company’s stock after selling 1,687 shares during the quarter. iShares Gold Trust Micro accounts for 0.9% of Running Point Capital Advisors LLC’s holdings, making the stock its 28th largest position. Running Point Capital Advisors LLC’s holdings in iShares Gold Trust Micro were worth $2,255,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. increased its holdings in iShares Gold Trust Micro by 23.9% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,450,000 shares of the company’s stock worth $143,062,000 after purchasing an additional 1,050,000 shares in the last quarter. School Employees Retirement Board of Ohio boosted its holdings in iShares Gold Trust Micro by 27.4% during the 3rd quarter. School Employees Retirement Board of Ohio now owns 1,894,435 shares of the company’s stock worth $49,729,000 after acquiring an additional 406,892 shares during the last quarter. Fifth Third Bancorp increased its position in shares of iShares Gold Trust Micro by 4.5% during the second quarter. Fifth Third Bancorp now owns 341,626 shares of the company’s stock valued at $7,926,000 after acquiring an additional 14,817 shares during the last quarter. MorganRosel Wealth Management LLC increased its holdings in iShares Gold Trust Micro by 1.8% during the third quarter. MorganRosel Wealth Management LLC now owns 325,226 shares of the company’s stock worth $8,537,000 after buying an additional 5,873 shares during the last quarter. Finally, Fielder Capital Group LLC lifted its position in shares of iShares Gold Trust Micro by 36.0% during the 2nd quarter. Fielder Capital Group LLC now owns 236,357 shares of the company’s stock valued at $5,483,000 after buying an additional 62,548 shares during the last quarter.

iShares Gold Trust Micro Price Performance

Shares of IAUM stock opened at $26.42 on Thursday. The company’s fifty day simple moving average is $26.52 and its two-hundred day simple moving average is $24.84. iShares Gold Trust Micro has a 1 year low of $19.73 and a 1 year high of $27.83.

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.