iShares Gold Trust Micro (NYSEARCA:IAUM) Hits New 1-Year High at $25.95

iShares Gold Trust Micro (NYSEARCA:IAUM)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $25.95 and last traded at $25.78, with a volume of 2164727 shares changing hands. The stock had previously closed at $25.63.

iShares Gold Trust Micro Stock Performance

The firm’s 50 day moving average is $24.60 and its 200-day moving average is $23.55.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in IAUM. Oarsman Capital Inc. boosted its position in shares of iShares Gold Trust Micro by 14.8% in the fourth quarter. Oarsman Capital Inc. now owns 71,707 shares of the company’s stock worth $1,477,000 after acquiring an additional 9,220 shares during the last quarter. Pineridge Advisors LLC acquired a new position in shares of iShares Gold Trust Micro in the 4th quarter valued at $226,000. Slagle Financial LLC grew its stake in shares of iShares Gold Trust Micro by 111.8% during the 4th quarter. Slagle Financial LLC now owns 72,530 shares of the company’s stock valued at $1,494,000 after buying an additional 38,286 shares during the period. Signal Advisors Wealth LLC increased its holdings in shares of iShares Gold Trust Micro by 6.1% during the 1st quarter. Signal Advisors Wealth LLC now owns 97,817 shares of the company’s stock worth $2,169,000 after buying an additional 5,599 shares during the last quarter. Finally, RFG Advisory LLC purchased a new position in shares of iShares Gold Trust Micro in the 1st quarter worth $3,594,000.

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.