KPP Advisory Services LLC Grows Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

KPP Advisory Services LLC grew its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.6% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 35,318 shares of the company’s stock after acquiring an additional 572 shares during the quarter. KPP Advisory Services LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,186,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. PSI Advisors LLC increased its position in SPDR Gold MiniShares Trust by 102.6% during the first quarter. PSI Advisors LLC now owns 472 shares of the company’s stock worth $29,000 after buying an additional 239 shares in the last quarter. GAMMA Investing LLC purchased a new position in SPDR Gold MiniShares Trust during the first quarter worth $29,000. Studio Investment Management LLC purchased a new position in SPDR Gold MiniShares Trust during the fourth quarter worth $36,000. Silver Oak Securities Incorporated purchased a new position in SPDR Gold MiniShares Trust during the first quarter worth $49,000. Finally, Ancora Advisors LLC purchased a new position in SPDR Gold MiniShares Trust during the fourth quarter worth $79,000.

SPDR Gold MiniShares Trust Price Performance

SPDR Gold MiniShares Trust stock opened at $66.03 on Thursday. The stock has a fifty day moving average of $65.85 and a two-hundred day moving average of $59.79. SPDR Gold MiniShares Trust has a fifty-two week low of $45.47 and a fifty-two week high of $68.26.

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.