SpiderRock Advisors LLC Acquires Shares of 11,361 Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

SpiderRock Advisors LLC bought a new position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 11,361 shares of the company’s stock, valued at approximately $243,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Virtu Financial LLC grew its stake in Goldman Sachs Physical Gold ETF by 87.7% in the fourth quarter. Virtu Financial LLC now owns 64,417 shares of the company’s stock worth $1,316,000 after purchasing an additional 30,102 shares during the period. Raymond James & Associates grew its holdings in Goldman Sachs Physical Gold ETF by 8.0% during the 4th quarter. Raymond James & Associates now owns 201,408 shares of the company’s stock valued at $4,116,000 after buying an additional 14,921 shares in the last quarter. Global Assets Advisory LLC bought a new stake in shares of Goldman Sachs Physical Gold ETF in the 1st quarter valued at approximately $2,099,000. International Assets Investment Management LLC bought a new stake in shares of Goldman Sachs Physical Gold ETF in the 4th quarter valued at approximately $3,294,000. Finally, Aveo Capital Partners LLC bought a new stake in shares of Goldman Sachs Physical Gold ETF during the 4th quarter worth approximately $1,385,000.

Goldman Sachs Physical Gold ETF Trading Up 1.2 %

Shares of NYSEARCA:AAAU traded up $0.28 on Friday, reaching $23.61. The company had a trading volume of 1,803,660 shares, compared to its average volume of 2,528,904. Goldman Sachs Physical Gold ETF has a 52-week low of $17.97 and a 52-week high of $24.13. The firm’s 50 day simple moving average is $23.14 and its 200-day simple moving average is $21.76.

Goldman Sachs Physical Gold ETF Profile

The Goldman Sachs Physical Gold ETF (AAAU) 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 vaults located in the UK. AAAU was launched on Jul 26, 2018 and is issued by Goldman Sachs.