J2 Capital Management Inc Sells 34,310 Shares of iShares Gold Trust $IAU

J2 Capital Management Inc trimmed its position in iShares Gold Trust (NYSEARCA:IAU) by 52.9% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 30,497 shares of the exchange traded fund’s stock after selling 34,310 shares during the period. iShares Gold Trust comprises approximately 1.8% of J2 Capital Management Inc’s holdings, making the stock its 10th largest holding. J2 Capital Management Inc’s holdings in iShares Gold Trust were worth $2,689,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in IAU. CIBC Bancorp USA Inc. bought a new stake in shares of iShares Gold Trust during the third quarter worth $193,639,000. Concurrent Investment Advisors LLC boosted its holdings in iShares Gold Trust by 381.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 2,534,729 shares of the exchange traded fund’s stock valued at $205,744,000 after acquiring an additional 2,008,288 shares during the last quarter. Citigroup Inc. boosted its holdings in iShares Gold Trust by 35.7% in the fourth quarter. Citigroup Inc. now owns 7,201,313 shares of the exchange traded fund’s stock valued at $584,531,000 after acquiring an additional 1,893,594 shares during the last quarter. Mizuho Bank Ltd. acquired a new stake in iShares Gold Trust in the third quarter worth about $120,798,000. Finally, Emory University acquired a new stake in iShares Gold Trust in the third quarter worth about $78,661,000. 59.67% of the stock is owned by institutional investors and hedge funds.

More iShares Gold Trust News

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

• Negative Sentiment: Multiple market updates say gold broke below key support and is showing a bearish technical setup, with analysts warning of deeper correction risk. Gold (XAU/USD) Price Forecast: Trendline Failure Signals Deeper Downside Risk
• Negative Sentiment: Stronger U.S. dollar strength and rising Treasury yields continue to be a headwind for gold, increasing the opportunity cost of holding the non-yielding metal. Gold price could struggle through 2026 as it loses safe-haven status to US bonds – BI’s McGlone
• Negative Sentiment: Several reports note that resilient U.S. economic data and cooling inflation fears are reducing safe-haven demand, which can keep pressure on gold prices. Gold prices struggling as U.S. economy remains resilient and inflation fears cool
• Neutral Sentiment: There were also brief rebounds above $4,000 as lower yields, a softer dollar, and renewed geopolitical risk sparked buying interest, but those moves have not yet reversed the broader downtrend. Gold holds $4,000 as Fed hawkishness offsets renewed Gulf risk – Kitco PM Report

iShares Gold Trust Trading Up 1.0%

Shares of NYSEARCA:IAU opened at $75.71 on Friday. iShares Gold Trust has a 1-year low of $61.37 and a 1-year high of $104.40. The stock has a market capitalization of $64.46 billion, a P/E ratio of 5.53 and a beta of 0.15. The business has a 50-day moving average price of $84.51 and a two-hundred day moving average price of $87.65.

iShares Gold Trust Company Profile

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).