Signet Financial Management LLC Reduces Position in iShares Gold Trust Micro $IAUM

Signet Financial Management LLC decreased its holdings in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 20.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,672 shares of the company’s stock after selling 24,903 shares during the period. Signet Financial Management LLC owned about 0.06% of iShares Gold Trust Micro worth $4,468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Asset Management One Co. Ltd. grew its holdings in iShares Gold Trust Micro by 292.4% during the fourth quarter. Asset Management One Co. Ltd. now owns 1,190,031 shares of the company’s stock valued at $51,409,000 after purchasing an additional 886,737 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of iShares Gold Trust Micro by 21.0% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 21,934,927 shares of the company’s stock worth $942,983,000 after buying an additional 3,800,000 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares Gold Trust Micro during the 4th quarter valued at about $13,413,000. JPMorgan Chase & Co. lifted its position in shares of iShares Gold Trust Micro by 24.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 856,687 shares of the company’s stock valued at $32,982,000 after buying an additional 165,954 shares in the last quarter. Finally, World Investment Advisors grew its stake in shares of iShares Gold Trust Micro by 5.5% during the 4th quarter. World Investment Advisors now owns 231,326 shares of the company’s stock valued at $9,678,000 after acquiring an additional 12,141 shares during the period.

iShares Gold Trust Micro Price Performance

iShares Gold Trust Micro stock opened at $40.40 on Wednesday. iShares Gold Trust Micro has a 12-month low of $32.58 and a 12-month high of $55.27. The firm has a 50 day moving average of $43.16 and a 200 day moving average of $46.20.

iShares Gold Trust Micro Company 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.