Parker Investment Management LLC Purchases 594,506 Shares of iShares Gold Trust $IAU

Parker Investment Management LLC grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 577.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 697,387 shares of the exchange traded fund’s stock after buying an additional 594,506 shares during the quarter. iShares Gold Trust accounts for approximately 6.1% of Parker Investment Management LLC’s investment portfolio, making the stock its 9th largest holding. Parker Investment Management LLC’s holdings in iShares Gold Trust were worth $50,749,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Brighton Jones LLC acquired a new position in iShares Gold Trust in the fourth quarter worth $1,864,000. Bison Wealth LLC lifted its position in iShares Gold Trust by 78.5% during the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after buying an additional 7,379 shares in the last quarter. AQR Capital Management LLC increased its position in iShares Gold Trust by 47.0% in the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after acquiring an additional 8,609 shares in the last quarter. Berger Financial Group Inc increased its position in iShares Gold Trust by 22.8% in the 2nd quarter. Berger Financial Group Inc now owns 5,934 shares of the exchange traded fund’s stock valued at $370,000 after acquiring an additional 1,103 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC raised its stake in shares of iShares Gold Trust by 20.4% in the second quarter. Wealthcare Advisory Partners LLC now owns 29,836 shares of the exchange traded fund’s stock worth $1,861,000 after acquiring an additional 5,053 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU stock opened at $87.57 on Tuesday. The company has a 50 day moving average price of $84.58 and a 200 day moving average price of $75.34. iShares Gold Trust has a fifty-two week low of $53.08 and a fifty-two week high of $104.40. The stock has a market capitalization of $73.94 billion, a PE ratio of 5.53 and a beta of 0.09.

iShares Gold Trust News Summary

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

• Positive Sentiment: Major banks maintain long‑term bullish targets for gold (supporting eventual recovery and institutional demand). Read More.
• Positive Sentiment: Analysts and strategists say the sharp correction is a reset, not a break of the bull case — this narrative can attract medium‑term buyers for IAU. Read More.
• Positive Sentiment: Technical dip‑buying and early rebounds have been observed, suggesting short‑term support attempts that could limit further downside. Read More.
• Neutral Sentiment: Commentary frames the move as extreme volatility driven by positioning rather than fundamentals — implies potential for large intraday swings without signaling a clear trend reversal. Read More.
• Neutral Sentiment: Technical analysts point to specific support zones where bulls may try to build a base; outcome will depend on next macro data and dollar action. Read More.
• Negative Sentiment: Nomination of Kevin Warsh for Fed chair and the resulting expectation of tighter policy/dollar strength are cited as the primary triggers for the metals rout, pressuring IAU today. Read More.
• Negative Sentiment: Liquidation and steep one‑day plunges in silver and gold sparked forced selling and heavier volume across miners and ETFs, amplifying downward pressure on IAU. Read More.
• Negative Sentiment: Market commentary warns of continued near‑term volatility and the risk of further downside if buyers fail to hold key technical support. Read More.

iShares Gold Trust Profile

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).