Silverleafe Capital Partners LLC Cuts Position in iShares Gold Trust $IAU

Silverleafe Capital Partners LLC decreased its stake in iShares Gold Trust (NYSEARCA:IAU) by 12.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 116,638 shares of the exchange traded fund’s stock after selling 16,144 shares during the period. iShares Gold Trust makes up 2.4% of Silverleafe Capital Partners LLC’s investment portfolio, making the stock its 14th largest holding. Silverleafe Capital Partners LLC’s holdings in iShares Gold Trust were worth $8,807,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IAU. Merkkuri Wealth Advisors LLC acquired a new position in iShares Gold Trust during the first quarter worth about $26,000. Fairway Wealth LLC increased its holdings in iShares Gold Trust by 525.0% in the first quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 252 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new stake in shares of iShares Gold Trust during the 4th quarter valued at approximately $25,000. Rossby Financial LCC lifted its position in shares of iShares Gold Trust by 75.7% during the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 140 shares during the period. Finally, Monetary Solutions Ltd purchased a new stake in shares of iShares Gold Trust during the 4th quarter worth approximately $26,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

Key Headlines Impacting iShares Gold Trust

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

• Positive Sentiment: Gold and silver edged higher as falling crude oil prices reduced inflation pressure and lower Treasury yields provided support. Tentative U.S.-Iran diplomacy also reduced some safe-haven demand, but did not prevent metals from advancing. Gold steadies as oil slump cools inflation pressure
• Positive Sentiment: Strategist Robert Minter of abrdn said gold’s ability to hold support around $4,000 signals that its longer-term structural bull market remains intact, potentially encouraging investors to view the correction as a buying opportunity for IAU. Gold’s $4,000 floor offers compelling value
• Positive Sentiment: Falling oil prices are providing gold with near-term relief by easing inflation concerns, although the upcoming payrolls report could quickly change expectations for Federal Reserve policy. Oil plunge gives gold relief before payrolls
• Positive Sentiment: Iran-related diplomacy and lower oil prices helped lift gold and silver, though prices remain below important breakout levels. Iran talks lift metals as oil prices fall
• Neutral Sentiment: Gold is trading cautiously after the Federal Reserve held rates steady, with investors awaiting July nonfarm payrolls for clues about the next move in interest rates. NFP in focus after Fed hold
• Neutral Sentiment: Kalshi’s launch of 15-minute gold and silver prediction markets could increase short-term trading activity and price discovery, but it has no direct fundamental impact on IAU. Kalshi expands markets beyond crypto
• Negative Sentiment: A rebound in the U.S. dollar pressured gold despite lower Treasury yields, highlighting continued sensitivity to currency movements. Gold pulls back as dollar rebounds
• Negative Sentiment: Stronger-than-expected ISM manufacturing data reached a four-year high, potentially giving the Fed more room to keep rates restrictive and weighing on gold. Gold remains near $4,000 as manufacturing strengthens

iShares Gold Trust Price Performance

IAU opened at $76.19 on Tuesday. iShares Gold Trust has a 1-year low of $62.48 and a 1-year high of $104.40. The stock has a market cap of $62.93 billion, a P/E ratio of 5.53 and a beta of 0.18. The stock’s 50 day simple moving average is $78.50 and its 200 day simple moving average is $86.48.

About iShares Gold Trust

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).