Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 1,908,726 shares traded hands during mid-day trading, a decline of 19% from the previous session’s volume of 2,346,450 shares.The stock last traded at $53.84 and had previously closed at $53.43.
SPDR Gold MiniShares Trust Trading Down 0.5 %
The firm’s 50 day moving average is $52.35 and its 200 day moving average is $51.10.
Institutional Investors Weigh In On SPDR Gold MiniShares Trust
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Citigroup Inc. lifted its position in shares of SPDR Gold MiniShares Trust by 5,727,072.7% in the 3rd quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock valued at $98,524,000 after acquiring an additional 1,889,934 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in SPDR Gold MiniShares Trust during the 3rd quarter valued at $84,714,000. Benjamin Edwards Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust by 1,805.0% in the third quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock valued at $74,686,000 after purchasing an additional 1,357,506 shares in the last quarter. State Street Corp boosted its position in shares of SPDR Gold MiniShares Trust by 43.2% in the third quarter. State Street Corp now owns 3,226,956 shares of the company’s stock worth $168,221,000 after buying an additional 973,410 shares during the period. Finally, Asset Management One Co. Ltd. grew its holdings in shares of SPDR Gold MiniShares Trust by 28.1% during the third quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock valued at $209,429,000 after buying an additional 880,693 shares in the last quarter.
SPDR Gold MiniShares Trust Company 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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