Financial Enhancement Group LLC Buys 85,665 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Financial Enhancement Group LLC boosted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 751.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,064 shares of the company’s stock after purchasing an additional 85,665 shares during the quarter. Financial Enhancement Group LLC owned about 0.06% of SPDR Gold MiniShares Trust worth $5,118,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in GLDM. Redhawk Wealth Advisors Inc. lifted its position in shares of SPDR Gold MiniShares Trust by 5.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 4,550 shares of the company’s stock valued at $237,000 after buying an additional 232 shares during the last quarter. Apella Capital LLC grew its position in shares of SPDR Gold MiniShares Trust by 16.5% in the 4th quarter. Apella Capital LLC now owns 20,178 shares of the company’s stock worth $1,049,000 after buying an additional 2,865 shares during the last quarter. First Community Trust NA bought a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter worth approximately $43,000. Park Avenue Securities LLC lifted its position in SPDR Gold MiniShares Trust by 351.1% during the fourth quarter. Park Avenue Securities LLC now owns 42,169 shares of the company’s stock valued at $2,192,000 after acquiring an additional 32,820 shares during the last quarter. Finally, SeaCrest Wealth Management LLC boosted its stake in SPDR Gold MiniShares Trust by 8.6% in the fourth quarter. SeaCrest Wealth Management LLC now owns 16,043 shares of the company’s stock valued at $834,000 after acquiring an additional 1,274 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Up 0.8 %

NYSEARCA GLDM opened at $53.43 on Thursday. The firm’s fifty day simple moving average is $52.34 and its two-hundred day simple moving average is $51.03. SPDR Gold MiniShares Trust has a 12-month low of $39.35 and a 12-month high of $55.29.

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.