25,630 Shares in iShares Gold Trust Micro $IAUM Acquired by Stark Wealth Management LLC
by Amy Steele · The Cerbat GemStark Wealth Management LLC purchased a new stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 25,630 shares of the company’s stock, valued at approximately $823,000. iShares Gold Trust Micro comprises 1.1% of Stark Wealth Management LLC’s portfolio, making the stock its 20th largest position.
Other large investors have also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of iShares Gold Trust Micro by 39.8% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,300,000 shares of the company’s stock valued at $306,807,000 after purchasing an additional 2,650,000 shares in the last quarter. Bank of America Corp DE boosted its position in iShares Gold Trust Micro by 14.2% during the second quarter. Bank of America Corp DE now owns 2,215,599 shares of the company’s stock valued at $73,093,000 after buying an additional 275,897 shares during the period. AlTi Global Inc. bought a new position in shares of iShares Gold Trust Micro during the second quarter valued at about $46,193,000. Blue Trust Inc. increased its holdings in shares of iShares Gold Trust Micro by 2,907.8% in the second quarter. Blue Trust Inc. now owns 1,385,449 shares of the company’s stock worth $45,706,000 after buying an additional 1,339,387 shares during the period. Finally, Fifth Third Bancorp lifted its stake in shares of iShares Gold Trust Micro by 22.7% in the 2nd quarter. Fifth Third Bancorp now owns 705,180 shares of the company’s stock valued at $23,264,000 after acquiring an additional 130,623 shares during the last quarter.
iShares Gold Trust Micro Stock Performance
IAUM opened at $42.85 on Friday. The stock’s 50 day simple moving average is $41.02 and its 200 day simple moving average is $36.67. iShares Gold Trust Micro has a 1 year low of $25.80 and a 1 year high of $43.68.
iShares Gold Trust Micro Company 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.
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