165,926 Shares in ASA Gold and Precious Metals Limited $ASA Acquired by Medici Capital LLC

Medici Capital LLC acquired a new position in shares of ASA Gold and Precious Metals Limited (NYSE:ASA) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 165,926 shares of the investment management company’s stock, valued at approximately $5,238,000. ASA Gold and Precious Metals accounts for approximately 5.1% of Medici Capital LLC’s investment portfolio, making the stock its 6th largest position.

A number of other hedge funds have also recently made changes to their positions in ASA. Sessa Capital IM L.P. boosted its position in shares of ASA Gold and Precious Metals by 56.3% during the 1st quarter. Sessa Capital IM L.P. now owns 1,050,000 shares of the investment management company’s stock worth $31,647,000 after purchasing an additional 378,327 shares during the period. Cetera Investment Advisers boosted its position in shares of ASA Gold and Precious Metals by 223.9% during the 1st quarter. Cetera Investment Advisers now owns 188,855 shares of the investment management company’s stock worth $5,692,000 after purchasing an additional 130,547 shares during the period. Sprott Inc. boosted its position in shares of ASA Gold and Precious Metals by 74.9% during the 1st quarter. Sprott Inc. now owns 280,183 shares of the investment management company’s stock worth $8,445,000 after purchasing an additional 120,000 shares during the period. Private Advisor Group LLC boosted its position in shares of ASA Gold and Precious Metals by 57.7% during the 1st quarter. Private Advisor Group LLC now owns 82,054 shares of the investment management company’s stock worth $2,473,000 after purchasing an additional 30,024 shares during the period. Finally, Matrix Trust Co boosted its position in shares of ASA Gold and Precious Metals by 36.9% during the 1st quarter. Matrix Trust Co now owns 47,899 shares of the investment management company’s stock worth $1,444,000 after purchasing an additional 12,911 shares during the period.

ASA Gold and Precious Metals Price Performance

Shares of ASA stock opened at $40.90 on Friday. ASA Gold and Precious Metals Limited has a 52 week low of $19.37 and a 52 week high of $41.50. The firm has a 50 day moving average of $34.95 and a two-hundred day moving average of $31.52.

Insider Buying and Selling

In other ASA Gold and Precious Metals news, major shareholder Saba Capital Management, L.P. purchased 354,169 shares of the firm’s stock in a transaction on Tuesday, August 12th. The stock was bought at an average price of $35.39 per share, with a total value of $12,534,040.91. Following the transaction, the insider directly owned 4,040,715 shares of the company’s stock, valued at approximately $143,000,903.85. This represents a 9.61% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders have purchased 1,006,746 shares of company stock valued at $36,123,021. Company insiders own 0.29% of the company’s stock.

About ASA Gold and Precious Metals

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. It also invests in exchange traded funds.