Interactive Financial Advisors Inc. Purchases New Shares in iShares Gold Trust $IAU

Interactive Financial Advisors Inc. purchased a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 17,264 shares of the exchange traded fund’s stock, valued at approximately $1,401,000. iShares Gold Trust accounts for 0.9% of Interactive Financial Advisors Inc.’s holdings, making the stock its 25th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its position in iShares Gold Trust by 1.5% during the third quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock valued at $2,241,280,000 after buying an additional 456,140 shares during the period. Envestnet Asset Management Inc. grew its position in iShares Gold Trust by 47.7% during the third quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock valued at $1,493,292,000 after buying an additional 6,623,876 shares during the period. JPMorgan Chase & Co. grew its position in iShares Gold Trust by 20.6% during the third quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock valued at $958,034,000 after buying an additional 2,245,617 shares during the period. UBS Group AG grew its position in iShares Gold Trust by 6.5% during the third quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock valued at $665,704,000 after buying an additional 561,489 shares during the period. Finally, Ameriprise Financial Inc. grew its position in iShares Gold Trust by 2.3% during the second quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock valued at $412,563,000 after buying an additional 148,881 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU stock opened at $84.81 on Monday. The firm has a market cap of $72.20 billion, a PE ratio of 5.53 and a beta of 0.16. The firm’s fifty day moving average is $88.05 and its 200 day moving average is $87.06. iShares Gold Trust has a one year low of $61.37 and a one year high of $104.40.

More iShares Gold Trust News

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

• Negative Sentiment: Spot gold weakened late Friday as firm Treasury yields, a stronger dollar, and hawkish Fed inflation commentary outweighed some safe-haven demand linked to U.S.-Iran tensions. Gold weakens as U.S.-Iran talks keep oil, rates in focus – Kitco PM Report
• Negative Sentiment: Multiple intraday reports said precious metals were losing ground because investors fear the Fed may need to raise rates again to fight inflation, which is a headwind for gold-backed funds like IAU. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Worry About Hawkish Fed
• Negative Sentiment: Gold also broke below a key technical channel and remained below recent support levels, signaling continued near-term weakness and limited momentum. Gold (XAUUSD) & Silver Price Forecast: Gold Breaks $4,520 Channel as Silver Rejects $76 — More Downside Ahead?
• Neutral Sentiment: Some reports noted that gold is still in a longer-term bullish structure and may be coiling for a breakout, but near-term trading has been choppy and headline-driven. Gold (XAU/USD) Price Forecast: Compression Signals Major Breakout Potential
• Neutral Sentiment: Mixed macro data, including weaker consumer sentiment but rising inflation expectations, kept gold trapped in a trading range rather than driving a clear rebound. Spot gold hits session low near $4,500/oz after final Consumer Sentiment drops to 44.8, one-year and long-term inflation expectations rise

About iShares Gold Trust

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).