Requisite Capital Management LLC Has $402,000 Holdings in SPDR Gold MiniShares Trust $GLDM

Requisite Capital Management LLC cut its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 33.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,139 shares of the company’s stock after selling 3,144 shares during the quarter. Requisite Capital Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $402,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. lifted its stake in SPDR Gold MiniShares Trust by 12.3% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 14,596,294 shares of the company’s stock valued at $903,365,000 after purchasing an additional 1,596,294 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the first quarter valued at about $395,321,000. Asset Management One Co. Ltd. increased its holdings in shares of SPDR Gold MiniShares Trust by 7.0% during the first quarter. Asset Management One Co. Ltd. now owns 4,004,390 shares of the company’s stock worth $247,832,000 after purchasing an additional 261,613 shares during the period. Principal Financial Group Inc. raised its holdings in SPDR Gold MiniShares Trust by 55.3% in the 1st quarter. Principal Financial Group Inc. now owns 2,729,216 shares of the company’s stock valued at $168,911,000 after acquiring an additional 972,011 shares in the last quarter. Finally, LPL Financial LLC raised its stake in SPDR Gold MiniShares Trust by 23.6% in the first quarter. LPL Financial LLC now owns 2,715,752 shares of the company’s stock valued at $168,078,000 after purchasing an additional 518,772 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Up 0.8%

NYSEARCA GLDM opened at $76.45 on Wednesday. SPDR Gold MiniShares Trust has a 1 year low of $50.67 and a 1 year high of $76.47. The firm’s 50 day simple moving average is $69.20 and its 200 day simple moving average is $66.23.

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.