Alpha Cubed Investments LLC Has $1.05 Million Stock Holdings in SPDR Gold MiniShares Trust $GLDM

Alpha Cubed Investments LLC boosted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 57.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,051 shares of the company’s stock after purchasing an additional 5,850 shares during the period. Alpha Cubed Investments LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,052,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GLDM. Jane Street Group LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the 1st quarter valued at about $395,321,000. Asset Management One Co. Ltd. raised its position in SPDR Gold MiniShares Trust by 1.3% during the second quarter. Asset Management One Co. Ltd. now owns 4,055,562 shares of the company’s stock valued at $265,720,000 after acquiring an additional 51,172 shares in the last quarter. LPL Financial LLC lifted 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 acquiring an additional 518,772 shares during the last quarter. 3EDGE Asset Management LP grew its position in SPDR Gold MiniShares Trust by 43.0% in the second quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock worth $144,905,000 after acquiring an additional 664,523 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 5.1% during the 1st quarter. Ameriprise Financial Inc. now owns 2,200,062 shares of the company’s stock worth $135,522,000 after purchasing an additional 107,245 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

SPDR Gold MiniShares Trust stock opened at $79.26 on Monday. SPDR Gold MiniShares Trust has a 1-year low of $50.67 and a 1-year high of $86.75. The firm’s fifty day simple moving average is $76.78 and its 200-day simple moving average is $69.85.

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.