iShares Gold Trust $IAU Shares Sold by JSF Financial LLC

JSF Financial LLC decreased its position in iShares Gold Trust (NYSEARCA:IAU) by 6.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 215,168 shares of the exchange traded fund’s stock after selling 14,733 shares during the period. iShares Gold Trust makes up approximately 3.7% of JSF Financial LLC’s holdings, making the stock its 8th biggest position. JSF Financial LLC’s holdings in iShares Gold Trust were worth $18,969,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in IAU. Brighton Jones LLC acquired a new stake in shares of iShares Gold Trust in the 4th quarter worth approximately $1,864,000. Bison Wealth LLC raised its position in iShares Gold Trust by 78.5% in the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after purchasing an additional 7,379 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of iShares Gold Trust by 47.0% in the first quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock worth $1,588,000 after acquiring an additional 8,609 shares during the last quarter. Glenview Trust co lifted its holdings in iShares Gold Trust by 9.7% during the 2nd quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock worth $772,000 after buying an additional 1,095 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its holdings in iShares Gold Trust by 6.3% in the second quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock valued at $2,296,000 after acquiring an additional 2,172 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust News Summary

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

• Positive Sentiment: Gold edged higher in Asian trade as physical demand, especially from China, and ongoing central bank buying continue to support the market. Gold Edges Higher; Physical Demand Continues to Support
• Positive Sentiment: Sprott’s Paul Wong said gold looks “massively oversold” and could be nearing a cyclical bottom, with currency debasement expected to drive a move toward new highs later this year. Gold is oversold, the debasement trade is still on, and the pressure is building – Sprott’s Paul Wong
• Neutral Sentiment: Several market commentaries noted that gold is being pulled between geopolitical demand from Middle East tensions and pressure from rising oil prices, firmer yields, and a stronger dollar, leaving the short-term trend uncertain. Gold (XAUUSD) Price Forecast: Passive Gold Buyers Face a Hawkish Fed Trade
• Negative Sentiment: StoneX said interest rates remain the key driver for precious metals and warned gold could face continued downside risk despite escalating Middle East conflict. Despite Middle East escalation, interest rates remain the key price driver for gold and silver – StoneX
• Negative Sentiment: Gold has also been pressured by stronger Treasury yields and a firmer dollar, with traders still focused on the possibility of prolonged restrictive monetary policy. Gold Falls Amid Higher-For-Longer Interest-Rate Expectations

iShares Gold Trust Trading Down 0.2%

Shares of NYSEARCA:IAU opened at $75.35 on Tuesday. iShares Gold Trust has a 1-year low of $61.60 and a 1-year high of $104.40. The stock has a market capitalization of $62.23 billion, a P/E ratio of 5.53 and a beta of 0.18. The business has a 50-day moving average price of $80.41 and a two-hundred day moving average price of $87.00.

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).