SMI Advisory Services LLC acquired a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) in the 2nd quarter, Holdings Channel reports. The firm acquired 6,261 shares of the company’s stock, valued at approximately $516,000.
Several other hedge funds and other institutional investors have also made changes to their positions in GLDM. PNC Financial Services Group Inc. raised its holdings in SPDR Gold MiniShares Trust by 288.4% in the first quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock valued at $25,000 after acquiring an additional 199 shares in the last quarter. HHM Wealth Advisors LLC grew its holdings in SPDR Gold MiniShares Trust by 236.7% during the 1st quarter. HHM Wealth Advisors LLC now owns 303 shares of the company’s stock worth $28,000 after acquiring an additional 213 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new position in SPDR Gold MiniShares Trust during the 4th quarter worth approximately $26,000. Root Financial Partners LLC increased its position in shares of SPDR Gold MiniShares Trust by 548.2% in the 4th quarter. Root Financial Partners LLC now owns 363 shares of the company’s stock valued at $31,000 after purchasing an additional 307 shares during the last quarter. Finally, Gould Capital LLC increased its position in shares of SPDR Gold MiniShares Trust by 377.8% in the 3rd quarter. Gould Capital LLC now owns 516 shares of the company’s stock valued at $39,000 after purchasing an additional 408 shares during the last quarter.
SPDR Gold MiniShares Trust Stock Performance
Shares of GLDM opened at $86.81 on Tuesday. SPDR Gold MiniShares Trust has a twelve month low of $65.64 and a twelve month high of $109.74. The firm’s fifty day simple moving average is $82.12 and its 200-day simple moving average is $90.70.
SPDR Gold MiniShares Trust Profile
The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.
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Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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