XML Financial LLC acquired a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 8,861 shares of the company’s stock, valued at approximately $756,000.
Several other institutional investors have also added to or reduced their stakes in the stock. AQR Capital Management LLC raised its holdings in SPDR Gold MiniShares Trust by 90.6% during the 1st quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock worth $1,488,000 after purchasing an additional 11,428 shares during the last quarter. Walleye Capital LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at $210,000. Jump Financial LLC increased its position in shares of SPDR Gold MiniShares Trust by 1.3% during the second quarter. Jump Financial LLC now owns 42,431 shares of the company’s stock worth $2,780,000 after buying an additional 530 shares during the period. State Street Corp increased its position in shares of SPDR Gold MiniShares Trust by 0.3% during the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock worth $176,594,000 after buying an additional 8,380 shares during the period. Finally, NewEdge Advisors LLC raised its stake in SPDR Gold MiniShares Trust by 82.1% during the second quarter. NewEdge Advisors LLC now owns 152,610 shares of the company’s stock worth $9,999,000 after buying an additional 68,786 shares during the last quarter.
SPDR Gold MiniShares Trust Stock Performance
GLDM stock opened at $85.42 on Monday. SPDR Gold MiniShares Trust has a 12-month low of $64.46 and a 12-month high of $109.74. The company’s fifty day simple moving average is $91.54 and its 200 day simple moving average is $92.10.
More SPDR Gold MiniShares Trust News
- Positive Sentiment: Some analysts still see the recent pullback as a buying opportunity, arguing that inflation concerns, strategic resource competition, and long-term demand trends could support gold later this year. Gold breaks below key technical support, but analysts see a buying opportunity
- Positive Sentiment: Geopolitical uncertainty in the Middle East continues to support gold’s safe-haven appeal, even as price action remains volatile. Gold Pressured by Rate-Hike Fears as Middle East Uncertainty Persists
- Neutral Sentiment: Several reports note technical support breaks and a bearish short-term chart setup, signaling continued volatility rather than a clear trend reversal. The gold chart looks precarious. Here’s how to profit
- Neutral Sentiment: Some longer-term forecasts remain bullish, with one industry outlook projecting much higher average gold prices in 2026 despite softer demand from jewelry and central banks. Gold demand will drop this year even as supply increases, but average price will still rise 43% in 2026 – Metals Focus
- Negative Sentiment: Stronger-than-expected U.S. payrolls and job growth have lifted rates and the dollar, triggering broad selling in gold and other precious metals. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% As Traders Bet On Hawkish Fed
- Negative Sentiment: Gold falling below key levels such as $4,500 and $4,450 suggests short-term technical weakness and may keep pressure on GLDM until macro data or Fed expectations improve. Gold slips below $4,500 as strong jobs report hits rate-cut trade – Kitco AM Report
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.
See Also
- Five stocks we like better than SPDR Gold MiniShares Trust
- These 3 Insurance Stocks Made New 52-Week Highs: Still Time to Buy?
- 3 Stocks Under $20 to Buy Before a Broader Market Rally
- Petco Faces Tough Competition, But Momentum Is Building
- The Lock-In Effect Is Real—These 3 Homebuilders Are Betting on It
Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.
