28-Mar-2024
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The iShares Gold Strategy ETF seeks to provide exposure, on a total return basis, to the price performance of gold. The Fund seeks to achieve its investment objective by investing primarily in a combination of (i) exchange-traded gold futures contracts and other exchange-traded or over-the-counter ( OTC ) derivatives (i.e., forward contracts, futures, options and swaps) that correlate to the investment returns of physical gold, based on the notional value of such derivative instruments; and (ii) exchange-traded products ( ETPs ) backed by or linked to physical gold, which may include the iShares Gold Trust (the Gold Trust ) ((i) and (ii) together, the Gold Investments ).
iShares Gold Strategy ETF trades on the BATS stock market under the symbol IAUF.
As of March 28, 2024, IAUF stock price climbed to $58.37 with 3,882 million shares trading.
IAUF has a market cap of $35.02 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, IAUF stock traded as high as $63.06 and as low as $49.22.
IAUF has underperformed the market in the last year with a return of +11.6%, while the SPY ETF gained +33.6%. In the last 3 month period, IAUF fell short of the market, returning +6.7%, while SPY returned +10.1%. However, in the most recent 2 weeks IAUF has outperformed the stock market by returning +2.1%, while SPY returned +1.7%.
IAUF support price is $57.10 and resistance is $58.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IAUF stock will trade within this expected range on the day.