Fisher Asset Management LLC boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 188.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,274 shares of the exchange traded fund’s stock after buying an additional 6,717 shares during the period. Fisher Asset Management LLC’s holdings in iShares Gold Trust were worth $834,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of iShares Gold Trust during the fourth quarter valued at about $1,864,000. Bison Wealth LLC boosted its position in 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 buying an additional 7,379 shares during the last quarter. AQR Capital Management LLC increased its stake 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 worth $1,588,000 after acquiring an additional 8,609 shares during the period. Glenview Trust co raised its holdings in shares of iShares Gold Trust by 9.7% during the second quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock worth $772,000 after purchasing an additional 1,095 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its position in iShares Gold Trust by 6.3% during 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 period. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Trading Up 1.1%
iShares Gold Trust stock opened at $85.49 on Friday. The stock’s 50 day simple moving average is $87.13 and its two-hundred day simple moving average is $87.32. iShares Gold Trust has a 12 month low of $61.37 and a 12 month high of $104.40. The firm has a market cap of $72.78 billion, a PE ratio of 5.53 and a beta of 0.16.
Key Headlines Impacting iShares Gold Trust
- Positive Sentiment: Gold is showing bullish reversal signs, with traders defending long-term support and pushing against key resistance near the 50-day moving average. Gold (XAU/USD) Price Forecast: Falling Wedge Signals Bullish Reversal
- Positive Sentiment: Investors are focusing on upcoming U.S. manufacturing and jobs data, which could weaken rate expectations and boost gold if the economy shows more softness. Gold braces for labor market week as investors eye manufacturing, jobs data
- Positive Sentiment: Gold gained as traders bet the U.S. may reach a deal with Iran, and the metal also found support from easing fears around the Middle East conflict and lower Treasury yields. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Prices Jump Amid Iran Deal Hopes
- Neutral Sentiment: Several reports suggest gold is still range-bound and sensitive to rates, yields, and geopolitical headlines, so the move remains dependent on the next macro catalyst. Gold Weekly Price Analysis – Gold Continues to See Buyers on Dips
- Neutral Sentiment: Gold has been bouncing off support after testing key technical levels, but the broader trend is still being shaped by bond yields and Fed policy expectations. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds in Week 8 – Gold Breaks $4,500, Silver Drops to $73.42?
- Negative Sentiment: Gold has also faced pressure from a firmer U.S. dollar, higher Treasury yields, and signs of reduced safe-haven demand when U.S.-Iran deal hopes improve. Gold Edges Lower as Traders Assess Potential U.S.-Iran Deal
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).
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