JPMorgan Chase & Co. Lowers Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

JPMorgan Chase & Co. decreased its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 19.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 176,936 shares of the company’s stock after selling 43,293 shares during the period. JPMorgan Chase & Co. owned about 0.11% of SPDR Gold MiniShares Trust worth $9,224,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. FMR LLC raised its stake in SPDR Gold MiniShares Trust by 50.2% in the third quarter. FMR LLC now owns 7,425 shares of the company’s stock worth $387,000 after buying an additional 2,480 shares in the last quarter. Exchange Traded Concepts LLC increased its position in shares of SPDR Gold MiniShares Trust by 7.2% during the third quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock worth $163,000 after purchasing an additional 210 shares in the last quarter. Apella Capital LLC increased its position in shares of SPDR Gold MiniShares Trust by 21.1% during the third quarter. Apella Capital LLC now owns 17,313 shares of the company’s stock worth $912,000 after purchasing an additional 3,021 shares in the last quarter. Sei Investments Co. increased its position in shares of SPDR Gold MiniShares Trust by 17.0% during the second quarter. Sei Investments Co. now owns 667,753 shares of the company’s stock worth $30,777,000 after purchasing an additional 97,181 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of SPDR Gold MiniShares Trust by 4,536.6% during the second quarter. NewEdge Advisors LLC now owns 47,201 shares of the company’s stock worth $2,175,000 after purchasing an additional 46,183 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Down 1.8 %

Shares of GLDM stock opened at $52.73 on Tuesday. The business’s fifty day simple moving average is $52.38 and its 200-day simple moving average is $50.92. SPDR Gold MiniShares Trust has a 12-month low of $39.35 and a 12-month high of $55.29.

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.