Sei Investments Co. Has $53.34 Million Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Sei Investments Co. increased its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 12.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,026,038 shares of the company’s stock after purchasing an additional 111,265 shares during the quarter. Sei Investments Co. owned approximately 0.66% of SPDR Gold MiniShares Trust worth $53,344,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. acquired a new stake in SPDR Gold MiniShares Trust in the fourth quarter valued at approximately $91,357,000. Quadrature Capital Ltd bought a new stake in SPDR Gold MiniShares Trust during the third quarter valued at about $84,714,000. Benjamin Edwards Inc. boosted its stake in SPDR Gold MiniShares Trust by 1,805.0% during the 3rd 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 during the period. State Street Corp grew its stake 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 acquiring an additional 973,410 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in SPDR Gold MiniShares Trust in the 4th quarter worth $43,698,000.

SPDR Gold MiniShares Trust Price Performance

GLDM stock opened at $59.83 on Monday. SPDR Gold MiniShares Trust has a twelve month low of $43.04 and a twelve month high of $60.45. The business’s 50-day simple moving average is $56.79 and its 200 day simple moving average is $53.95.

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.