iShares Gold Trust $IAU Stake Increased by Crcm LP

Crcm LP boosted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 83.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 719,722 shares of the exchange traded fund’s stock after purchasing an additional 327,042 shares during the quarter. iShares Gold Trust comprises about 19.7% of Crcm LP’s holdings, making the stock its 2nd biggest holding. Crcm LP’s holdings in iShares Gold Trust were worth $58,420,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC purchased a new stake in shares of iShares Gold Trust during the 4th quarter valued at about $1,864,000. Bison Wealth LLC boosted its holdings in shares of iShares Gold Trust by 78.5% during the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after acquiring an additional 7,379 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of iShares Gold Trust by 47.0% during the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after acquiring an additional 8,609 shares during the last quarter. Glenview Trust co boosted its holdings in shares of iShares Gold Trust by 9.7% during the 2nd quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock valued at $772,000 after acquiring an additional 1,095 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of iShares Gold Trust by 6.3% during the 2nd quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock valued at $2,296,000 after acquiring an additional 2,172 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

Key iShares Gold Trust News

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

• Positive Sentiment: Gold and silver recovered into Friday’s close as oil prices fell on U.S.-Iran deal hopes, Treasury yields declined, and equities rallied, which helped improve sentiment toward precious metals. Precious metals firm as crude slides, stocks rise on U.S.-Iran talks – Kitco PM Report
• Positive Sentiment: Several reports said gold is holding important support near the $4,000 area, with analysts watching for signs that a bottom may be forming after the recent selloff. Gold holds key $4,000 support as analysts watch for signs of a bottom
• Neutral Sentiment: Gold is stabilizing after a failed breakdown at support, suggesting buyers are defending the market, but overhead resistance still needs to be cleared before a stronger rebound is confirmed. Gold (XAU/USD) Price Forecast: Failed Breakdown Hints at Rebound
• Neutral Sentiment: Gold gained some support from safe-haven demand tied to Middle East tensions and continued demand from China, but traders still see the move as a technical rebound unless prices reclaim higher resistance levels. Gold and Silver Price Forecast: US-Iran Deal Hopes Lift XAUUSD and XAGUSD
• Negative Sentiment: Multiple reports warned that gold remains in a broader downtrend because stronger inflation data and rising Fed rate expectations can reduce the appeal of non-yielding assets like bullion. Gold (XAUUSD) Price Forecast: Death Cross Threatens Gold Price as Fed Hike Bets Rise

iShares Gold Trust Stock Up 0.1%

Shares of NYSEARCA IAU opened at $79.19 on Friday. The firm’s 50-day moving average price is $86.36 and its 200-day moving average price is $87.61. The company has a market cap of $67.42 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 52-week low of $61.37 and a 52-week high of $104.40.

iShares Gold Trust 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).