Copia Wealth Management Trims Holdings in SPDR Gold MiniShares Trust $GLDM

Copia Wealth Management lessened its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 9.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,910 shares of the company’s stock after selling 1,640 shares during the period. Copia Wealth Management’s holdings in SPDR Gold MiniShares Trust were worth $977,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. ORG Partners LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $28,000. PSI Advisors LLC boosted its position in shares of SPDR Gold MiniShares Trust by 102.6% in the 1st quarter. PSI Advisors LLC now owns 472 shares of the company’s stock worth $29,000 after purchasing an additional 239 shares in the last quarter. Asset Planning Inc bought a new stake in shares of SPDR Gold MiniShares Trust in the 1st quarter worth approximately $29,000. GAMMA Investing LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the 1st quarter worth approximately $29,000. Finally, Beacon Capital Management LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $38,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA GLDM opened at $81.98 on Wednesday. SPDR Gold MiniShares Trust has a twelve month low of $50.67 and a twelve month high of $82.26. The company has a 50 day moving average of $71.74 and a 200 day moving average of $67.53.

About SPDR Gold MiniShares Trust

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.