Encompass More Asset Management grew its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM – Free Report) by 137.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 224,429 shares of the company’s stock after purchasing an additional 130,062 shares during the quarter. iShares Gold Trust Micro accounts for 1.4% of Encompass More Asset Management’s holdings, making the stock its 16th largest holding. Encompass More Asset Management’s holdings in iShares Gold Trust Micro were worth $9,296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also modified their holdings of the company. Fairman Group LLC raised its position in shares of iShares Gold Trust Micro by 508.2% in the first quarter. Fairman Group LLC now owns 596 shares of the company’s stock valued at $28,000 after buying an additional 498 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of iShares Gold Trust Micro during the first quarter valued at approximately $36,000. Compass Financial Management LLC purchased a new position in shares of iShares Gold Trust Micro during the second quarter valued at approximately $37,000. Advisors Preferred LLC boosted its position in iShares Gold Trust Micro by 532.8% during the first quarter. Advisors Preferred LLC now owns 829 shares of the company’s stock worth $39,000 after acquiring an additional 698 shares during the last quarter. Finally, Atomic Invest LLC boosted its position in iShares Gold Trust Micro by 35.9% during the second quarter. Atomic Invest LLC now owns 2,980 shares of the company’s stock worth $119,000 after acquiring an additional 788 shares during the last quarter.
iShares Gold Trust Micro Stock Performance
Shares of NYSEARCA IAUM opened at $41.54 on Friday. iShares Gold Trust Micro has a 1 year low of $39.02 and a 1 year high of $55.27. The firm’s 50 day moving average price is $43.19 and its 200 day moving average price is $43.52.
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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