Running Point Capital Advisors LLC Sells 1,687 Shares of iShares Gold Trust Micro (NYSEARCA:IAUM)

Running Point Capital Advisors LLC lessened its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 1.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 85,891 shares of the company’s stock after selling 1,687 shares during the period. iShares Gold Trust Micro makes up approximately 0.9% of Running Point Capital Advisors LLC’s investment portfolio, making the stock its 28th largest position. Running Point Capital Advisors LLC owned about 0.17% of iShares Gold Trust Micro worth $2,255,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IAUM. School Employees Retirement Board of Ohio bought a new stake in iShares Gold Trust Micro in the 2nd quarter valued at $34,511,000. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of iShares Gold Trust Micro by 23.9% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,450,000 shares of the company’s stock valued at $143,062,000 after acquiring an additional 1,050,000 shares in the last quarter. MGO One Seven LLC acquired a new position in shares of iShares Gold Trust Micro in the second quarter valued at about $3,150,000. China Universal Asset Management Co. Ltd. increased its position in iShares Gold Trust Micro by 259.8% during the third quarter. China Universal Asset Management Co. Ltd. now owns 147,500 shares of the company’s stock worth $3,872,000 after acquiring an additional 106,500 shares during the period. Finally, Prospera Financial Services Inc raised its stake in iShares Gold Trust Micro by 527.1% in the 3rd quarter. Prospera Financial Services Inc now owns 85,401 shares of the company’s stock worth $2,242,000 after purchasing an additional 71,783 shares in the last quarter.

iShares Gold Trust Micro Stock Up 0.6 %

Shares of IAUM opened at $26.42 on Thursday. iShares Gold Trust Micro has a 12 month low of $19.73 and a 12 month high of $27.83. The firm’s 50 day moving average is $26.52 and its 200-day moving average is $24.84.

iShares Gold Trust Micro Profile

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.