Sinecera Capital LLC Reduces Stock Position in iShares Gold Trust Micro (NYSEARCA:IAUM)

Sinecera Capital LLC cut its holdings in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 76.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,844 shares of the company’s stock after selling 208,543 shares during the quarter. iShares Gold Trust Micro makes up approximately 1.9% of Sinecera Capital LLC’s holdings, making the stock its 11th largest holding. Sinecera Capital LLC owned about 0.13% of iShares Gold Trust Micro worth $1,404,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. MorganRosel Wealth Management LLC grew its position in shares of iShares Gold Trust Micro by 8.1% in the 4th quarter. MorganRosel Wealth Management LLC now owns 331,471 shares of the company’s stock worth $6,828,000 after acquiring an additional 24,888 shares in the last quarter. Theory Financial LLC boosted its position in iShares Gold Trust Micro by 1.4% during the 4th quarter. Theory Financial LLC now owns 191,904 shares of the company’s stock valued at $3,953,000 after purchasing an additional 2,734 shares during the period. RFG Advisory LLC acquired a new position in iShares Gold Trust Micro during the 1st quarter valued at approximately $3,594,000. Castle Wealth Management LLC boosted its position in iShares Gold Trust Micro by 2.6% during the 4th quarter. Castle Wealth Management LLC now owns 152,087 shares of the company’s stock worth $3,133,000 after acquiring an additional 3,794 shares during the period. Finally, Versant Capital Management Inc boosted its position in iShares Gold Trust Micro by 9.7% during the 4th quarter. Versant Capital Management Inc now owns 134,680 shares of the company’s stock worth $2,774,000 after acquiring an additional 11,853 shares during the period.

iShares Gold Trust Micro Stock Up 1.3 %

Shares of IAUM traded up $0.29 during midday trading on Thursday, reaching $23.22. The stock had a trading volume of 1,049,912 shares, compared to its average volume of 1,027,690. iShares Gold Trust Micro has a 52 week low of $18.11 and a 52 week high of $24.33. The firm’s 50 day moving average price is $23.34 and its 200-day moving average price is $21.82.

iShares Gold Trust Micro Profile

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.