iShares Gold Strategy ETF (BATS:IAUF) Shares Down 1.3%

iShares Gold Strategy ETF (BATS:IAUF) were down 1.3% during mid-day trading on Tuesday . The company traded as low as $60.24 and last traded at $60.53. Approximately 3,756 shares were traded during trading, The stock had previously closed at $61.34.

iShares Gold Strategy ETF Stock Down 1.3 %

The stock has a market cap of $42.37 million, a PE ratio of 12.45 and a beta of -0.05. The stock has a fifty day moving average of $58.24 and a 200-day moving average of $57.19.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of IAUF. Van ECK Associates Corp raised its stake in shares of iShares Gold Strategy ETF by 2,114.9% during the fourth quarter. Van ECK Associates Corp now owns 145,606 shares of the company’s stock worth $7,916,000 after purchasing an additional 139,032 shares during the last quarter. Aptus Capital Advisors LLC purchased a new position in iShares Gold Strategy ETF during the 3rd quarter worth $3,825,000. AdvisorShares Investments LLC acquired a new stake in shares of iShares Gold Strategy ETF in the 4th quarter worth $1,042,000. Harbor Capital Advisors Inc. purchased a new stake in shares of iShares Gold Strategy ETF in the third quarter valued at about $500,000. Finally, Principal Securities Inc. acquired a new position in shares of iShares Gold Strategy ETF during the fourth quarter worth about $108,000.

iShares Gold Strategy ETF Company Profile

The iShares Gold Strategy ETF (IAUF) is an exchange-traded fund that is based on the Bloomberg Gold index. The fund follows an index that provides exposure to the price performance of gold by holding gold futures and gold ETPs. IAUF was launched on Jun 6, 2018 and is managed by BlackRock.