Miracle Mile Advisors LLC cut its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 6.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 280,792 shares of the company’s stock after selling 19,431 shares during the quarter. Miracle Mile Advisors LLC owned 0.18% of SPDR Gold MiniShares Trust worth $14,598,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Barrett & Company Inc. bought a new position in SPDR Gold MiniShares Trust in the third quarter valued at $53,000. First Horizon Advisors Inc. purchased a new stake in SPDR Gold MiniShares Trust in the third quarter worth approximately $65,000. Glass Jacobson Investment Advisors llc bought a new position in SPDR Gold MiniShares Trust during the third quarter valued at approximately $74,000. Sanctuary Wealth Management L.L.C. purchased a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth approximately $76,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $96,000.
SPDR Gold MiniShares Trust Price Performance
Shares of GLDM stock traded down $0.97 on Monday, hitting $52.73. 2,591,391 shares of the company’s stock traded hands, compared to its average volume of 2,585,610. The company’s fifty day simple moving average is $52.38 and its 200 day simple moving average is $50.92. SPDR Gold MiniShares Trust has a one year low of $39.35 and a one year high of $55.29.
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.
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