Mirae Asset Global Investments Co. Ltd. Purchases New Holdings in iShares Gold Trust Micro $IAUM

Mirae Asset Global Investments Co. Ltd. purchased a new stake in iShares Gold Trust Micro (NYSEARCA:IAUM) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 662,000 shares of the company’s stock, valued at approximately $27,420,000.

Several other institutional investors have also recently made changes to their positions in IAUM. Vise Technologies Inc. raised its stake in shares of iShares Gold Trust Micro by 53.8% during the 3rd quarter. Vise Technologies Inc. now owns 94,669 shares of the company’s stock worth $3,921,000 after purchasing an additional 33,113 shares in the last quarter. DWM Financial Group Inc. bought a new position in shares of iShares Gold Trust Micro in the third quarter valued at $391,000. Choreo LLC bought a new position in shares of iShares Gold Trust Micro in the third quarter valued at $374,000. Interchange Capital Partners LLC bought a new position in shares of iShares Gold Trust Micro in the third quarter valued at $820,000. Finally, BOKF NA increased its holdings in iShares Gold Trust Micro by 27.7% during the third quarter. BOKF NA now owns 75,831 shares of the company’s stock worth $3,141,000 after buying an additional 16,437 shares during the last quarter.

iShares Gold Trust Micro Stock Performance

Shares of IAUM opened at $39.30 on Tuesday. The company’s fifty day simple moving average is $42.32 and its 200 day simple moving average is $44.81. iShares Gold Trust Micro has a 1-year low of $38.56 and a 1-year high of $55.27.

About iShares Gold Trust Micro

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.