|Bid||0.00 x 317000|
|Ask||0.00 x 306100|
|Day's Range||17.47 - 17.57|
|52 Week Range||15.95 - 19.76|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-3.75%|
|Beta (5Y Monthly)||0.11|
|Expense Ratio (net)||0.25%|
Gold is a popular asset among investors wishing to hedge against risks such as inflation, market turbulence, and political unrest. Aside from buying gold bullion directly, another way to gain exposure to gold is by investing in exchange-traded funds (ETFs) that hold gold as their underlying asset or invest in gold futures contracts.
The last two weeks saw a lot of activity in the ETF space.
BlackRock announced today a 1 for 2 reverse stock split for the iShares Gold Trust (NYSE Arca: IAU), which will be effective on May 24, 2021, at market open.