Sumitomo Mitsui Trust Group Inc. Raises Position in iShares Gold Trust Micro $IAUM

Sumitomo Mitsui Trust Group Inc. boosted its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 22.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,834,927 shares of the company’s stock after buying an additional 4,900,000 shares during the period. iShares Gold Trust Micro accounts for about 0.8% of Sumitomo Mitsui Trust Group Inc.’s portfolio, making the stock its 17th largest holding. Sumitomo Mitsui Trust Group Inc. owned 16.85% of iShares Gold Trust Micro worth $1,253,191,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Asset Management One Co. Ltd. increased its position in shares of iShares Gold Trust Micro by 292.4% during the fourth quarter. Asset Management One Co. Ltd. now owns 1,190,031 shares of the company’s stock worth $51,409,000 after purchasing an additional 886,737 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in iShares Gold Trust Micro in the 4th quarter valued at $13,413,000. JPMorgan Chase & Co. lifted its holdings in iShares Gold Trust Micro by 24.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 856,687 shares of the company’s stock valued at $32,982,000 after purchasing an additional 165,954 shares in the last quarter. World Investment Advisors lifted its holdings in iShares Gold Trust Micro by 5.5% in the 4th quarter. World Investment Advisors now owns 231,326 shares of the company’s stock valued at $9,678,000 after purchasing an additional 12,141 shares in the last quarter. Finally, AlphaCore Capital LLC lifted its holdings in iShares Gold Trust Micro by 9.5% in the 4th quarter. AlphaCore Capital LLC now owns 751,834 shares of the company’s stock valued at $32,321,000 after purchasing an additional 65,196 shares in the last quarter.

iShares Gold Trust Micro Stock Down 0.8%

Shares of IAUM opened at $40.67 on Thursday. iShares Gold Trust Micro has a 52-week low of $32.58 and a 52-week high of $55.27. The firm’s fifty day moving average is $43.56 and its two-hundred day moving average is $46.30.

About iShares Gold Trust Micro

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.