Quantinno Capital Management LP Purchases 13,612 Shares of SPDR Gold MiniShares Trust $GLDM

Quantinno Capital Management LP grew its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 120.1% in the 1st quarter, Holdings Channel reports. The institutional investor owned 24,950 shares of the company’s stock after purchasing an additional 13,612 shares during the quarter. Quantinno Capital Management LP’s holdings in SPDR Gold MiniShares Trust were worth $2,313,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. increased its position in shares of SPDR Gold MiniShares Trust by 1.1% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,594,406 shares of the company’s stock valued at $1,723,515,000 after acquiring an additional 206,914 shares in the last quarter. Morgan Stanley lifted its position in SPDR Gold MiniShares Trust by 22.6% in the 4th quarter. Morgan Stanley now owns 10,562,081 shares of the company’s stock valued at $901,685,000 after acquiring an additional 1,943,672 shares in the last quarter. Wells Fargo & Company MN lifted its position in SPDR Gold MiniShares Trust by 54.3% in the 4th quarter. Wells Fargo & Company MN now owns 7,913,715 shares of the company’s stock valued at $675,594,000 after acquiring an additional 2,785,608 shares in the last quarter. Evoke Wealth LLC lifted its position in SPDR Gold MiniShares Trust by 1.7% in the 4th quarter. Evoke Wealth LLC now owns 7,374,785 shares of the company’s stock valued at $629,586,000 after acquiring an additional 123,123 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in SPDR Gold MiniShares Trust by 28.6% during the 3rd quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock valued at $563,230,000 after purchasing an additional 1,636,398 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

SPDR Gold MiniShares Trust stock opened at $86.81 on Tuesday. SPDR Gold MiniShares Trust has a 12 month low of $65.64 and a 12 month high of $109.74. The stock has a fifty day simple moving average of $82.12 and a two-hundred day simple moving average of $90.70.

SPDR Gold MiniShares Trust Company 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.