Genesis Wealth Advisors LLC acquired a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 73,022 shares of the company’s stock, valued at approximately $3,796,000. SPDR Gold MiniShares Trust comprises 3.3% of Genesis Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest holding.
A number of other large investors have also modified their holdings of the company. Citigroup Inc. increased its stake in SPDR Gold MiniShares Trust by 5,727,072.7% during the 3rd quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock valued at $98,524,000 after buying an additional 1,889,934 shares during the period. Principal Financial Group Inc. acquired a new position in SPDR Gold MiniShares Trust during the 4th quarter valued at about $91,357,000. Quadrature Capital Ltd acquired a new position in SPDR Gold MiniShares Trust during the 3rd quarter valued at about $84,714,000. Benjamin Edwards Inc. boosted its position in shares of 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 in the last quarter. Finally, State Street Corp boosted its position in shares of SPDR Gold MiniShares Trust by 43.2% during the 3rd quarter. State Street Corp now owns 3,226,956 shares of the company’s stock valued at $168,221,000 after purchasing an additional 973,410 shares in the last quarter.
SPDR Gold MiniShares Trust Stock Performance
NYSEARCA:GLDM opened at $58.14 on Monday. SPDR Gold MiniShares Trust has a twelve month low of $40.06 and a twelve month high of $58.37. The company has a 50-day moving average of $54.33 and a 200-day moving average of $52.68.
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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