SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Sold by Jump Financial LLC

Jump Financial LLC reduced its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 12.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 49,966 shares of the company’s stock after selling 7,008 shares during the quarter. Jump Financial LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,598,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Evoke Wealth LLC boosted its position in SPDR Gold MiniShares Trust by 0.7% during the fourth quarter. Evoke Wealth LLC now owns 6,604,327 shares of the company’s stock worth $343,359,000 after acquiring an additional 47,341 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 1.9% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 5,744,426 shares of the company’s stock worth $298,653,000 after purchasing an additional 106,433 shares during the last quarter. LPL Financial LLC lifted its position in SPDR Gold MiniShares Trust by 23.8% during the fourth quarter. LPL Financial LLC now owns 2,196,980 shares of the company’s stock worth $114,221,000 after buying an additional 422,213 shares during the period. Principal Financial Group Inc. acquired a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at about $91,357,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in SPDR Gold MiniShares Trust by 11.4% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,298,460 shares of the company’s stock worth $67,507,000 after purchasing an additional 133,100 shares during the period.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA GLDM opened at $65.78 on Friday. The firm has a fifty day moving average of $59.62 and a 200-day moving average of $55.40. SPDR Gold MiniShares Trust has a 52-week low of $45.13 and a 52-week high of $66.21.

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.