November 17, 2016 - By Marie Mckinney · 0 Comments
Nov 17 is a negative day so far for iShares Gold Trust (NYSEARCA:IAU) as the ETF is active during the day after losing 0.76% to hit $11.7 per share. The exchange traded fund has 8.35 billion net assets and 1.00% volatility this month.
Over the course of the day 1.93 million shares traded hands, as compared to an average volume of 7.34M over the last 30 days for iShares Gold Trust (NYSEARCA:IAU).
The ETF is -10.72% of its 52-Week High and 16.90% of its low, and is currently having ATR of 0.16. This year’s performance is 15.64% while this quarter’s performance is -8.37%.
The ETF’s YTD performance is 20.43%, the 1 year is 11.8% and the 3 year is -1.38%.
The fund’s top holdings are: Gold for 100.00% of assets.
More notable recent iShares Gold Trust(ETF) (NYSEARCA:IAU) news were published by: Wsj.com which released: “BlackRock Gold ETF Snafu Could Expose It to Penalties” on March 07, 2016, also Nasdaq.com with their article: “iShares Gold Trust Getting Very Oversold” published on November 11, 2016, Etfdailynews.com published: “iShares Gold Trust (ETF)(IAU) Suspension Lifted After 300 Million New Shares …” on March 09, 2016. More interesting news about iShares Gold Trust(ETF) (NYSEARCA:IAU) were released by: Seekingalpha.com and their article: “Sentiment Speaks: Hey – You Guys Lied To Me” published on November 13, 2016 as well as Etftrends.com‘s news article titled: “Why Was Gold a Surprise Post-Election Disappointment?” with publication date: November 15, 2016.
iShares Gold Trust is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). The ETF has a market cap of $8.35 billion. Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. It currently has negative earnings. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust.
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By Marie Mckinney