Purkiss Capital Advisors LLC Has $12.05 Million Stock Holdings in iShares Gold Trust $IAU

Purkiss Capital Advisors LLC decreased its holdings in iShares Gold Trust (NYSEARCA:IAU) by 38.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 165,608 shares of the exchange traded fund’s stock after selling 102,412 shares during the quarter. iShares Gold Trust makes up 5.8% of Purkiss Capital Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. Purkiss Capital Advisors LLC’s holdings in iShares Gold Trust were worth $12,051,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of IAU. Citigroup Inc. lifted its holdings in iShares Gold Trust by 809.1% during the 2nd quarter. Citigroup Inc. now owns 5,108,818 shares of the exchange traded fund’s stock worth $318,586,000 after buying an additional 4,546,835 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares Gold Trust by 67.5% during the second quarter. JPMorgan Chase & Co. now owns 10,919,614 shares of the exchange traded fund’s stock worth $680,947,000 after acquiring an additional 4,398,605 shares during the last quarter. Prudential Financial Inc. raised its position in shares of iShares Gold Trust by 2,152.7% during the second quarter. Prudential Financial Inc. now owns 3,494,106 shares of the exchange traded fund’s stock worth $217,892,000 after acquiring an additional 3,339,000 shares during the last quarter. Packer & Co Ltd acquired a new position in shares of iShares Gold Trust in the third quarter worth approximately $156,463,000. Finally, PFG Advisors boosted its holdings in iShares Gold Trust by 4,797.3% in the second quarter. PFG Advisors now owns 1,432,369 shares of the exchange traded fund’s stock valued at $89,323,000 after acquiring an additional 1,403,121 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $93.79 on Monday. iShares Gold Trust has a fifty-two week low of $51.52 and a fifty-two week high of $93.95. The company has a 50 day simple moving average of $82.31 and a two-hundred day simple moving average of $73.95. The company has a market capitalization of $79.13 billion, a PE ratio of 5.53 and a beta of 0.09.

iShares Gold Trust News Roundup

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

• Positive Sentiment: Record gold rally fuels ETF demand — Gold extended a record run, topping $5,100 as investors and central banks sought refuge amid geopolitical risks, lifting gold‑linked ETFs like IAU. Gold races to $5,100 record peak on safe-haven demand
• Positive Sentiment: Broad market flight to safety supports flows — Multiple outlets report the gold surge is driven by geopolitical shocks and U.S. dollar weakness, factors that typically increase allocations to gold ETFs such as IAU. Gold surges past $5,000 as investors seek shelter from global risks
• Positive Sentiment: Analysts see further upside — Several analysts and reports say gold could keep climbing toward $6,000 on continued central‑bank buying and heightened geopolitical risk, implying more upside potential for IAU. Gold has more room to run as geopolitics, cenbank buying fuel gains, analysts say
• Neutral Sentiment: Miners and metal markets rally alongside gold — Strong precious‑metals moves are lifting miners and related equities, but IAU’s price action is driven by the metal itself rather than miners’ operational news. Gold surge above $5,000 helps miners continue to surge
• Neutral Sentiment: Different drivers across metals — Commentary notes gold’s rally is macro/safe‑haven driven, while other metals (e.g., copper) respond to industrial demand; this distinction matters for sector rotation but is neutral for a pure gold ETF like IAU. Gold and Copper Are Shining For Different Reasons
• Negative Sentiment: Cost competition from rival ETFs — Analysis points out lower‑cost alternatives (e.g., GLDM) could attract fee‑sensitive investors and limit future net inflows into IAU despite current price gains. Gold ETFs: GLDM Offers Lower Costs, While IAU Boasts More AUM

iShares Gold Trust Company 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).