ASA Gold and Precious Metals (NYSE:ASA) Sets New 12-Month High – Here’s What Happened

Shares of ASA Gold and Precious Metals Limited (NYSE:ASA) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $26.80 and last traded at $26.29, with a volume of 67152 shares trading hands. The stock had previously closed at $25.36.

ASA Gold and Precious Metals Stock Performance

The stock has a 50-day moving average of $21.76 and a 200-day moving average of $20.74.

Institutional Trading of ASA Gold and Precious Metals

Several large investors have recently modified their holdings of ASA. Capstone Investment Advisors LLC acquired a new position in ASA Gold and Precious Metals in the third quarter valued at about $753,000. Matrix Trust Co increased its holdings in ASA Gold and Precious Metals by 625.7% in the 4th quarter. Matrix Trust Co now owns 34,988 shares of the investment management company’s stock valued at $707,000 after buying an additional 30,167 shares during the period. Public Employees Retirement System of Ohio acquired a new position in shares of ASA Gold and Precious Metals in the 3rd quarter valued at approximately $10,156,000. International Assets Investment Management LLC bought a new stake in shares of ASA Gold and Precious Metals during the 3rd quarter worth approximately $9,930,000. Finally, Wolverine Asset Management LLC lifted its holdings in shares of ASA Gold and Precious Metals by 47.0% during the 3rd quarter. Wolverine Asset Management LLC now owns 134,395 shares of the investment management company’s stock worth $2,793,000 after acquiring an additional 42,991 shares during the period.

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.