Van ECK Associates Corp cut its position in iShares Gold Strategy ETF (BATS:IAUF – Free Report) by 60.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,367 shares of the company’s stock after selling 6,760 shares during the quarter. Van ECK Associates Corp owned about 0.67% of iShares Gold Strategy ETF worth $258,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the company. UBS Group AG increased its holdings in shares of iShares Gold Strategy ETF by 176.7% during the 2nd quarter. UBS Group AG now owns 833 shares of the company’s stock worth $46,000 after acquiring an additional 532 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares Gold Strategy ETF by 2,910.0% in the fourth quarter. Bank of America Corp DE now owns 3,010 shares of the company’s stock valued at $165,000 after purchasing an additional 2,910 shares during the last quarter. Cambridge Investment Research Advisors Inc. bought a new position in shares of iShares Gold Strategy ETF in the fourth quarter valued at about $258,000. Advisor Group Holdings Inc. lifted its stake in shares of iShares Gold Strategy ETF by 32.6% during the 4th quarter. Advisor Group Holdings Inc. now owns 8,617 shares of the company’s stock worth $472,000 after buying an additional 2,117 shares during the last quarter. Finally, Axxcess Wealth Management LLC boosted its holdings in shares of iShares Gold Strategy ETF by 5.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 18,079 shares of the company’s stock worth $990,000 after buying an additional 1,009 shares during the period.
iShares Gold Strategy ETF Stock Performance
Shares of IAUF opened at $57.95 on Tuesday. The firm has a market cap of $46.36 million, a price-to-earnings ratio of 5.04 and a beta of 0.15. The firm has a 50 day moving average of $58.28 and a 200-day moving average of $58.24.
iShares Gold Strategy ETF Profile
The iShares Gold Strategy ETF (IAUF) is an exchange-traded fund that is based on the Bloomberg Gold index. The fund follows an index that provides exposure to the price performance of gold by holding gold futures and gold ETPs. IAUF was launched on Jun 6, 2018 and is managed by BlackRock.
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