Sinecera Capital LLC raised its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM – Free Report) by 1,614.5% in the fourth quarter, HoldingsChannel reports. The fund owned 271,387 shares of the company’s stock after acquiring an additional 255,558 shares during the period. iShares Gold Trust Micro accounts for approximately 5.9% of Sinecera Capital LLC’s investment portfolio, making the stock its 6th largest holding. Sinecera Capital LLC’s holdings in iShares Gold Trust Micro were worth $5,658,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in IAUM. Flow Traders U.S. LLC acquired a new position in shares of iShares Gold Trust Micro in the first quarter valued at about $27,311,000. Jane Street Group LLC bought a new position in shares of iShares Gold Trust Micro during the first quarter worth approximately $23,421,000. Bank of America Corp DE bought a new position in shares of iShares Gold Trust Micro during the first quarter worth approximately $44,000. BlackRock Inc. acquired a new stake in shares of iShares Gold Trust Micro in the third quarter valued at approximately $25,983,000. Finally, UBS Group AG bought a new stake in shares of iShares Gold Trust Micro in the fourth quarter valued at approximately $44,000.
iShares Gold Trust Micro Trading Up 1.2 %
NYSEARCA:IAUM traded up $0.27 during trading hours on Thursday, reaching $22.17. 826,907 shares of the company were exchanged, compared to its average volume of 574,769. The business has a 50 day moving average of $20.73 and a 200 day moving average of $20.07. iShares Gold Trust Micro has a 1-year low of $18.11 and a 1-year high of $22.21.
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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Want to see what other hedge funds are holding IAUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust Micro (NYSEARCA:IAUM – Free Report).
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