China Universal Asset Management Co. Ltd. grew its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM – Free Report) by 51.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 412,500 shares of the company’s stock after purchasing an additional 140,000 shares during the period. iShares Gold Trust Micro makes up approximately 1.3% of China Universal Asset Management Co. Ltd.’s investment portfolio, making the stock its 14th biggest position. China Universal Asset Management Co. Ltd. owned 0.42% of iShares Gold Trust Micro worth $13,608,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Wealth Preservation Advisors LLC bought a new position in iShares Gold Trust Micro during the first quarter valued at approximately $31,000. Rossby Financial LCC raised its holdings in shares of iShares Gold Trust Micro by 1,558.6% during the 2nd quarter. Rossby Financial LCC now owns 1,161 shares of the company’s stock worth $38,000 after acquiring an additional 1,091 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in shares of iShares Gold Trust Micro during the 2nd quarter valued at approximately $76,000. CoreFirst Bank & Trust purchased a new position in shares of iShares Gold Trust Micro in the second quarter valued at $99,000. Finally, Aspect Partners LLC bought a new stake in iShares Gold Trust Micro in the second quarter worth $164,000.
iShares Gold Trust Micro Trading Up 0.5%
IAUM stock opened at $42.85 on Friday. iShares Gold Trust Micro has a 52 week low of $25.80 and a 52 week high of $43.68. The company has a fifty day simple moving average of $41.02 and a two-hundred day simple moving average of $36.67.
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.
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