Apollon Wealth Management LLC Invests $1.72 Million in SPDR Gold MiniShares Trust $GLDM

Apollon Wealth Management LLC purchased a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 26,244 shares of the company’s stock, valued at approximately $1,720,000.

A number of other large investors also recently modified their holdings of the business. Northwest Capital Management Inc lifted its holdings in shares of SPDR Gold MiniShares Trust by 20.2% during the first quarter. Northwest Capital Management Inc now owns 1,022 shares of the company’s stock worth $63,000 after buying an additional 172 shares during the last quarter. Financial Management Professionals Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust by 41.7% during the second quarter. Financial Management Professionals Inc. now owns 595 shares of the company’s stock worth $39,000 after buying an additional 175 shares during the last quarter. Legacy Capital Wealth Partners LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 0.6% during the first quarter. Legacy Capital Wealth Partners LLC now owns 32,769 shares of the company’s stock worth $2,028,000 after buying an additional 201 shares during the last quarter. CWM LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 11.1% during the first quarter. CWM LLC now owns 2,120 shares of the company’s stock worth $131,000 after buying an additional 212 shares during the last quarter. Finally, LexAurum Advisors LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 4.6% during the second quarter. LexAurum Advisors LLC now owns 4,996 shares of the company’s stock worth $327,000 after buying an additional 219 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA GLDM opened at $81.36 on Tuesday. The business has a fifty day simple moving average of $71.44 and a 200 day simple moving average of $67.43. SPDR Gold MiniShares Trust has a one year low of $50.67 and a one year high of $81.50.

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.