Matisse Capital Trims Stock Holdings in ASA Gold and Precious Metals Limited (NYSE:ASA)

Matisse Capital cut its holdings in ASA Gold and Precious Metals Limited (NYSE:ASA) by 0.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 346,647 shares of the investment management company’s stock after selling 1,400 shares during the period. ASA Gold and Precious Metals makes up about 2.4% of Matisse Capital’s portfolio, making the stock its 10th biggest holding. Matisse Capital’s holdings in ASA Gold and Precious Metals were worth $7,477,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of ASA. Walleye Capital LLC grew its holdings in ASA Gold and Precious Metals by 23.1% during the 1st quarter. Walleye Capital LLC now owns 34,826 shares of the investment management company’s stock valued at $695,000 after purchasing an additional 6,539 shares during the last quarter. Barclays PLC bought a new position in ASA Gold and Precious Metals during the 1st quarter valued at about $243,000. Walleye Trading LLC grew its holdings in ASA Gold and Precious Metals by 5.4% during the 1st quarter. Walleye Trading LLC now owns 13,602 shares of the investment management company’s stock valued at $271,000 after purchasing an additional 696 shares during the last quarter. Stephens Inc. AR grew its holdings in ASA Gold and Precious Metals by 9.9% during the 1st quarter. Stephens Inc. AR now owns 13,095 shares of the investment management company’s stock valued at $261,000 after purchasing an additional 1,185 shares during the last quarter. Finally, Advisor Group Holdings Inc. grew its holdings in ASA Gold and Precious Metals by 72.9% during the 2nd quarter. Advisor Group Holdings Inc. now owns 14,829 shares of the investment management company’s stock valued at $321,000 after purchasing an additional 6,250 shares during the last quarter. Hedge funds and other institutional investors own 24.85% of the company’s stock.

ASA Gold and Precious Metals stock traded down $0.39 during trading hours on Monday, hitting $19.26. The company had a trading volume of 403 shares, compared to its average volume of 66,855. ASA Gold and Precious Metals Limited has a 1 year low of $18.31 and a 1 year high of $24.70. The company has a 50-day moving average price of $20.92 and a two-hundred day moving average price of $21.60.

ASA Gold and Precious Metals Profile

ASA Gold & Precious Metals Ltd. operates as a closed-end precious metals and mining investment fund. It engages in the investment in the securities of companies engaged in the exploration, mining and processing of gold, silver, platinum, diamonds and other precious metals. The company was founded by Charles Engelhard on June 12, 1958 and is headquartered in Portland, ME.

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Institutional Ownership by Quarter for ASA Gold and Precious Metals (NYSE:ASA)

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