J.W. Cole Advisors Inc. Grows Position in SPDR Gold MiniShares Trust $GLDM

J.W. Cole Advisors Inc. lifted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 187.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,688 shares of the company’s stock after purchasing an additional 11,528 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in SPDR Gold MiniShares Trust were worth $1,159,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in SPDR Gold MiniShares Trust during the first quarter valued at $395,321,000. Empower Advisory Group LLC bought a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth about $336,022,000. Asset Management One Co. Ltd. increased its stake in shares of SPDR Gold MiniShares Trust by 1.3% in the 2nd quarter. Asset Management One Co. Ltd. now owns 4,055,562 shares of the company’s stock worth $265,720,000 after acquiring an additional 51,172 shares in the last quarter. 3EDGE Asset Management LP lifted its position in SPDR Gold MiniShares Trust by 43.0% during the 2nd quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock valued at $144,905,000 after acquiring an additional 664,523 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in SPDR Gold MiniShares Trust by 5.1% during the first quarter. Ameriprise Financial Inc. now owns 2,200,062 shares of the company’s stock worth $135,522,000 after acquiring an additional 107,245 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM opened at $83.46 on Friday. SPDR Gold MiniShares Trust has a fifty-two week low of $51.24 and a fifty-two week high of $86.75. The firm’s 50-day simple moving average is $79.78 and its two-hundred day simple moving average is $71.51.

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.