iShares Gold Trust $IAU Shares Sold by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors decreased its stake in iShares Gold Trust (NYSEARCA:IAU) by 33.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,792 shares of the exchange traded fund’s stock after selling 49,854 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares Gold Trust were worth $7,872,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Nvwm LLC raised its stake in iShares Gold Trust by 3.2% in the 3rd quarter. Nvwm LLC now owns 34,144 shares of the exchange traded fund’s stock valued at $2,667,000 after purchasing an additional 1,067 shares during the last quarter. Howard Financial Services LTD. boosted its stake in iShares Gold Trust by 3.1% during the 3rd quarter. Howard Financial Services LTD. now owns 6,209 shares of the exchange traded fund’s stock worth $485,000 after purchasing an additional 186 shares during the last quarter. Ashurst Perkins Coie Trust Co boosted its stake in iShares Gold Trust by 22.0% during the 3rd quarter. Ashurst Perkins Coie Trust Co now owns 12,218 shares of the exchange traded fund’s stock worth $954,000 after purchasing an additional 2,204 shares during the last quarter. West Wealth Group LLC grew its holdings in shares of iShares Gold Trust by 16.1% during the third quarter. West Wealth Group LLC now owns 37,631 shares of the exchange traded fund’s stock worth $2,939,000 after buying an additional 5,210 shares in the last quarter. Finally, Myecfo LLC grew its holdings in shares of iShares Gold Trust by 5.1% during the third quarter. Myecfo LLC now owns 20,043 shares of the exchange traded fund’s stock worth $1,565,000 after buying an additional 978 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

Trending Headlines about iShares Gold Trust

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

• Positive Sentiment: Jefferies characterized gold’s recent weakness as a potential buying opportunity and forecast prices could reach $5,000 in 2027, supported by continued demand and healthy mining-sector margins. Gold’s weakness is a buying opportunity as Jefferies sees $5,000 price in 2027
• Positive Sentiment: UBP said gold may have absorbed much of the recent yield-driven selling. Easing rate-hike expectations, an improvement in geopolitical tensions and a possible Treasury gold revaluation could support bullion later this year. U.S. Treasury’s gold revaluation could restart the debasement trade
• Neutral Sentiment: Technical analysts are watching the $4,000–$4,200 area as an important demand zone. A hold could encourage stabilization, while a break below nearby support would signal additional downside risk for gold and IAU. Gold price forecast: Selling pressure threatens support
• Negative Sentiment: Gold fell below $4,100 after the inflation report, with rising yields, a stronger dollar and renewed Fed-tightening expectations weighing on demand. Gold falls below $4,100 as hot CPI boosts Fed hike bets
• Negative Sentiment: Analysts warned that a break below $4,066 could expose gold to support near $4,028 and $3,942, reinforcing the near-term technical pressure affecting IAU. Gold selling pressure threatens $4,066 support
• Negative Sentiment: Kazakhstan plans to sell part of its unusually large gold reserves, adding a potential source of supply and reducing support from central-bank buying. Kazakhstan plans gold sales as holdings reach 78% of reserves

iShares Gold Trust Stock Down 1.5%

Shares of NYSEARCA IAU opened at $77.07 on Thursday. The firm has a 50-day simple moving average of $81.55 and a 200-day simple moving average of $82.20. The stock has a market capitalization of $60.78 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a 52 week low of $73.74 and a 52 week high of $104.40.

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).