Mesirow Financial Investment Management Inc. Has $11.14 Million Stake in iShares Gold Trust $IAU

Mesirow Financial Investment Management Inc. trimmed its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 26.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 137,269 shares of the exchange traded fund’s stock after selling 49,470 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in iShares Gold Trust were worth $11,142,000 as of its most recent SEC filing.

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

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $88.19 on Thursday. The company has a market cap of $75.08 billion, a P/E ratio of 5.53 and a beta of 0.16. The stock’s 50-day moving average is $89.62 and its 200-day moving average is $86.56. iShares Gold Trust has a 52-week low of $59.71 and a 52-week high of $104.40.

Key Stories Impacting iShares Gold Trust

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

• Negative Sentiment: Hot U.S. inflation data lifted Treasury yields and the dollar, pressuring gold lower and weighing on iShares Gold Trust. Gold News: Gold Price Future Weakens After PPI Shock and Rising Treasury Yields
• Negative Sentiment: Multiple reports said gold slipped as CPI and PPI-driven rate fears kept pressure on precious metals, reinforcing the recent downside in IAU. Gold and silver slip after hot PPI boosts yields – Kitco AM Report
• Neutral Sentiment: Gold is still battling key technical resistance, with traders watching major moving averages to decide whether the metal rebounds or extends its pullback. Gold (XAU/USD) Price Forecast: 100-Day Average Defines Next Move
• Neutral Sentiment: India’s higher import tariffs on gold and silver could affect physical demand, but the broader market impact remains uncertain for now. India Raises Gold, Silver Tariffs to Curb Imports
• Positive Sentiment: Some analysts remain bullish on gold longer term, citing inflation pressure, geopolitical risk, and debt concerns as reasons the metal could resume its uptrend. Gold will navigate near-term headwinds to reach $5,000/oz by year-end – ING’s Manthey

About iShares Gold Trust

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).