Envestnet Portfolio Solutions Inc. increased its position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 51.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 1,707,152 shares of the exchange traded fund’s stock after buying an additional 582,911 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Gold Trust were worth $124,229,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Keener Financial Planning LLC acquired a new stake in iShares Gold Trust during the 2nd quarter worth about $25,000. MTM Investment Management LLC bought a new stake in shares of iShares Gold Trust during the 2nd quarter valued at about $25,000. Private Wealth Management Group LLC grew its stake in iShares Gold Trust by 290.9% during the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 320 shares during the period. Key Financial Inc acquired a new stake in iShares Gold Trust during the second quarter worth approximately $28,000. Finally, Mountain Hill Investment Partners Corp. bought a new stake in iShares Gold Trust in the third quarter worth approximately $29,000. Institutional investors and hedge funds own 59.67% of the company’s stock.
iShares Gold Trust Stock Performance
Shares of IAU opened at $92.56 on Friday. The firm has a market cap of $77.80 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52-week low of $51.52 and a 52-week high of $92.78. The business’s 50 day moving average price is $81.97 and its two-hundred day moving average price is $73.58.
More iShares Gold Trust News
- Positive Sentiment: Goldman Sachs raised its 2026 gold price target to $5,400/oz, a high-profile forecast that supports institutional bullishness and can drive ETF inflows into products like IAU. Goldman Sachs raises 2026 gold price target to $5,400/oz as private sector joins central bank diversification strategy
- Positive Sentiment: Technical breakout and momentum plays: analysts report gold has broken resistance and is targeting the next major resistance zone (analysts name $5,000 as a focal target), which encourages momentum-driven buying in bullion and related ETFs. Gold (XAU/USD) Price Forecast: Breakout Targets Next Resistance Zone
- Positive Sentiment: Dollar weakness is supporting precious metals — several market pieces note a retreat in the US dollar that has helped lift gold toward ~$4,900, a direct tailwind for IAU. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Towards $4900 As Dollar Retreats
- Positive Sentiment: ETF demand and record flows: coverage shows gold ETFs continuing to set records and attract investor flows as bullion breaks new highs — supportive for IAU’s price and assets under management. Gold ETF Still Breaking Records After Capping Best Year Ever
- Neutral Sentiment: Inflation remains sticky and gold is holding support above $4,800 — that backdrop keeps gold attractive as an inflation hedge, but sticky inflation also complicates Fed policy expectations (mixed implication for risk assets vs gold). Inflation remains sticky but gold prices hold support above $4,800
- Neutral Sentiment: Market commentary and intra-day technical levels show active trader interest and frequent short-term reversals — useful for volatility but not always directional for ETF flows. Gold market analysis for January 22 – key intra-day price entry levels for active traders
- Negative Sentiment: Easing geopolitical tensions (U.S.-Europe over Greenland) and related headlines briefly reduced gold’s safe-haven bid in some sessions, which can cause pullbacks in IAU. Gold Falls Amid Easing U.S.-Europe Tensions Over Greenland
- Negative Sentiment: Stronger US macro prints (e.g., a higher Q3 GDP print, resilient labor market) can undercut safe‑haven flows and raise real-rate expectations, which may cap gold gains and weigh on IAU in the short term. Gold session highs; US final Q3 GDP rises 4.4%
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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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
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