Greykasell Wealth Strategies Inc. lifted its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 1,107.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,240 shares of the exchange traded fund’s stock after purchasing an additional 9,392 shares during the period. Greykasell Wealth Strategies Inc.’s holdings in iShares Gold Trust were worth $831,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Godfrey Financial Associates Inc. purchased a new position in shares of iShares Gold Trust in the 4th quarter valued at about $25,000. Abich Financial Wealth Management LLC acquired a new position in shares of iShares Gold Trust during the 3rd quarter worth approximately $25,000. Gables Capital Management Inc. raised its stake in shares of iShares Gold Trust by 173.1% during the 4th quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 225 shares during the period. Dakota Community Bank & Trust NA acquired a new position in shares of iShares Gold Trust during the 4th quarter worth approximately $30,000. Finally, Key Capital Management INC acquired a new position in shares of iShares Gold Trust during the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Price Performance
Shares of IAU stock opened at $81.22 on Friday. The company has a market cap of $69.15 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. The stock has a 50 day simple moving average of $87.03 and a 200-day simple moving average of $87.51. iShares Gold Trust has a 1-year low of $61.37 and a 1-year high of $104.40.
Key Headlines Impacting iShares Gold Trust
- Negative Sentiment: Gold broke below key technical support, with analysts warning that the metal remains under pressure after inflation fears and hawkish Fed expectations drove a sharp selloff. Gold breaks below key technical support, but analysts see a buying opportunity
- Negative Sentiment: Stronger-than-expected U.S. payrolls triggered broad selling in precious metals as traders bet the Fed may stay hawkish for longer. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% As Traders Bet On Hawkish Fed
- Negative Sentiment: Gold fell hard after jumpy U.S. rates and a much stronger-than-expected jobs report boosted yields and weighed on the rate-cut trade. Gold Price Analysis – Gold Drops Hard with Rates Jumping
- Negative Sentiment: Spot gold slipped below $4,500 after the strong jobs report lifted Treasury yields and the dollar, adding to near-term pressure on gold-backed funds. Gold slips below $4,500 as strong jobs report hits rate-cut trade – Kitco AM Report
- Neutral Sentiment: Some analysts say the recent selloff may create a buying opportunity, while longer-term forecasts still call for much higher average gold prices in 2026. Gold demand will drop this year even as supply increases, but average price will still rise 43% in 2026 – Metals Focus
- Neutral Sentiment: Gold has also been described as technically precarious, with some commentary suggesting options markets may be underpricing downside risk. The gold chart looks precarious. Here’s how to profit
- Neutral Sentiment: On the more supportive side, some strategists remain bullish on gold over the longer term, citing deglobalization, inflation pressures, and strategic resource demand. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal
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).
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