First Growth Capital LLC Makes New Investment in iShares Gold Trust $IAU

First Growth Capital LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAU) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,101 shares of the exchange traded fund’s stock, valued at approximately $901,000. iShares Gold Trust accounts for about 0.9% of First Growth Capital LLC’s portfolio, making the stock its 29th largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. acquired a new stake in shares of iShares Gold Trust during the fourth quarter worth about $25,000. Rossby Financial LCC grew its position in shares of iShares Gold Trust by 75.7% in the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 140 shares during the period. Gables Capital Management Inc. grew its position in shares of iShares Gold Trust by 173.1% in the 4th quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 225 shares during the period. Motiv8 Investments LLC bought a new stake in iShares Gold Trust during the 4th quarter worth approximately $29,000. Finally, Dakota Community Bank & Trust NA bought a new stake in iShares Gold Trust during the 4th quarter worth approximately $30,000. 59.67% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting iShares Gold Trust

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

• Positive Sentiment: Longer-term demand for gold remains supported by central bank buying and geopolitical uncertainty, with several analysts arguing gold ETFs still belong in diversified portfolios. Why Gold ETFs Still Deserve a Place in Long-Term Portfolios
• Positive Sentiment: Some market commentary says central banks are likely to keep increasing gold reserves amid rising geopolitical risks, which could provide ongoing support for gold-backed funds like IAU. Central banks are bringing gold reserves home as geopolitical risks rise
• Neutral Sentiment: Gold briefly found support after the Fed held rates steady, but the market quickly shifted to pricing in a higher-for-longer policy path, limiting the bounce. Gold Rises After Fed Leaves Rates Unchanged
• Negative Sentiment: Gold prices fell as the Fed’s hawkish messaging revived expectations for additional tightening, pushing the dollar higher and pressuring bullion. Gold, silver sink as dollar tests yearly highs following hawkish Fed – Kitco PM Report
• Negative Sentiment: Recent articles point to continued technical weakness in gold, with prices failing at resistance and testing support levels that could signal more downside if they break. Gold (XAU/USD) Price Forecast: Can Bulls Defend Fibonacci Support?

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $79.33 on Friday. The company has a market capitalization of $67.54 billion, a P/E ratio of 5.53 and a beta of 0.15. The company’s 50 day moving average price is $85.76 and its two-hundred day moving average price is $87.73. iShares Gold Trust has a 52 week low of $61.37 and a 52 week high of $104.40.

iShares Gold Trust 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).