Quadrature Capital Ltd Grows Stock Holdings in VanEck Merk Gold ETF $OUNZ

Quadrature Capital Ltd grew its position in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) by 7.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 684,538 shares of the company’s stock after purchasing an additional 48,199 shares during the period. Quadrature Capital Ltd’s holdings in VanEck Merk Gold ETF were worth $25,458,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. increased its position in shares of VanEck Merk Gold ETF by 38.4% during the 2nd quarter. Raymond James Financial Inc. now owns 791,392 shares of the company’s stock valued at $25,237,000 after purchasing an additional 219,422 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of VanEck Merk Gold ETF by 16.3% during the 3rd quarter. Van ECK Associates Corp now owns 1,456,023 shares of the company’s stock valued at $54,150,000 after buying an additional 203,956 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in VanEck Merk Gold ETF by 11.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,024,698 shares of the company’s stock worth $38,109,000 after buying an additional 105,657 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in VanEck Merk Gold ETF by 51.4% in the second quarter. JPMorgan Chase & Co. now owns 308,445 shares of the company’s stock worth $9,836,000 after buying an additional 104,671 shares in the last quarter. Finally, Simplicity Wealth LLC purchased a new stake in VanEck Merk Gold ETF in the third quarter worth approximately $3,829,000.

VanEck Merk Gold ETF Price Performance

Shares of NYSEARCA OUNZ opened at $48.88 on Friday. VanEck Merk Gold ETF has a one year low of $28.38 and a one year high of $53.35. The firm’s 50 day simple moving average is $47.43 and its two-hundred day simple moving average is $41.64. The stock has a market capitalization of $3.05 billion, a P/E ratio of 6.97 and a beta of 0.08.

Key VanEck Merk Gold ETF News

Here are the key news stories impacting VanEck Merk Gold ETF this week:

About VanEck Merk Gold ETF

(Free Report)

The VanEck Merk Gold Trust (OUNZ) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses, using gold bars and coins held in London vaults. Investors can redeem their shares for gold in increments of 1 troy oz. OUNZ was launched on May 16, 2014 and is managed by VanEck.

See Also

Want to see what other hedge funds are holding OUNZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report).

Institutional Ownership by Quarter for VanEck Merk Gold ETF (NYSEARCA:OUNZ)

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