Parker Investment Management LLC Has $24.25 Million Position in iShares Gold Trust $IAU

Parker Investment Management LLC lowered its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 57.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 275,111 shares of the exchange traded fund’s stock after selling 376,239 shares during the quarter. iShares Gold Trust makes up 3.7% of Parker Investment Management LLC’s portfolio, making the stock its 10th biggest holding. Parker Investment Management LLC’s holdings in iShares Gold Trust were worth $24,254,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IAU. Merkkuri Wealth Advisors LLC bought a new stake in shares of iShares Gold Trust during the first quarter valued at approximately $26,000. Fairway Wealth LLC lifted its holdings in shares of iShares Gold Trust by 525.0% in the first quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 252 shares in the last quarter. Godfrey Financial Associates Inc. bought a new position in shares of iShares Gold Trust during the fourth quarter worth $25,000. Rossby Financial LCC boosted its position in shares of iShares Gold Trust by 75.7% during the fourth quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 140 shares during the last quarter. Finally, Monetary Solutions Ltd purchased a new position in iShares Gold Trust during the fourth quarter valued at $26,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU opened at $77.69 on Thursday. The stock has a market capitalization of $64.16 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18. The company has a fifty day moving average of $79.97 and a 200 day moving average of $86.94. iShares Gold Trust has a fifty-two week low of $61.60 and a fifty-two week high of $104.40.

iShares Gold Trust News Roundup

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

• Positive Sentiment: Spot gold rose toward the $4,160 area, helped by technical buying, defensive demand, and renewed interest from traders despite firmer Treasury yields and higher crude prices. Gold rallies as buyers test $4,160, oil lifts yields – Kitco PM Report
• Positive Sentiment: Gold broke above key technical resistance, and analysts say a move above the $4,203 area could confirm a broader bullish trend, which may keep momentum supportive for IAU. Gold (XAU/USD) Price Forecast: Breakout Opens the Door to Higher Targets
• Positive Sentiment: John Paulson said gold is in the early stages of a long-term bull market, citing broadening demand from central banks and private investors, reinforcing the long-term bullish case for bullion. John Paulson says we are in the early stages of a long-term bull market for gold
• Positive Sentiment: Several market outlooks said gold and other precious metals are gaining as traders stay bullish, with central-bank buying, geopolitical risk, and safe-haven demand underpinning prices. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests New Highs As Rebound Continues
• Neutral Sentiment: Commentary from Steve Forbes framed gold as protection against currency debasement and inflation risks, but it did not add a fresh catalyst beyond the existing safe-haven narrative. Gold is ‘insurance’ against currency crisis, inflation overreaction, dollar devaluation – Steve Forbes
• Neutral Sentiment: Some analysts warned that rising rates and oil-driven inflation concerns could still pressure gold in the near term, creating a mixed macro backdrop for IAU. Rising economic fears weakening inflation’s stranglehold on gold prices – CRU
• Negative Sentiment: Gold still faces a technical hurdle near $4,200 and its 50-day average, so a failure to break through could limit further upside in the ETF. Gold Price Analysis – Gold Rallies Near $4,200 Resistance Despite Rising Rates

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).