102,949 Shares in VanEck Merk Gold ETF $OUNZ Bought by Simplicity Wealth LLC

Simplicity Wealth LLC bought a new stake in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 102,949 shares of the company’s stock, valued at approximately $3,829,000. Simplicity Wealth LLC owned about 0.17% of VanEck Merk Gold ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Quadrature Capital Ltd acquired a new stake in VanEck Merk Gold ETF during the 2nd quarter worth about $20,293,000. Drake & Associates LLC acquired a new position in VanEck Merk Gold ETF in the 2nd quarter worth approximately $12,771,000. Raymond James Financial Inc. grew its position in VanEck Merk Gold ETF by 38.4% during the 2nd quarter. Raymond James Financial Inc. now owns 791,392 shares of the company’s stock worth $25,237,000 after purchasing an additional 219,422 shares in the last quarter. Three Cord True Wealth Management LLC acquired a new stake in VanEck Merk Gold ETF during the 2nd quarter valued at $3,752,000. Finally, JPMorgan Chase & Co. boosted its position in shares of VanEck Merk Gold ETF by 51.4% in the second quarter. JPMorgan Chase & Co. now owns 308,445 shares of the company’s stock worth $9,836,000 after buying an additional 104,671 shares during the period.

VanEck Merk Gold ETF Trading Up 1.5%

Shares of OUNZ stock opened at $46.45 on Thursday. The stock’s fifty day simple moving average is $41.75 and its 200-day simple moving average is $37.54. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of 6.97 and a beta of 0.08. VanEck Merk Gold ETF has a 1-year low of $26.35 and a 1-year high of $46.88.

VanEck Merk Gold ETF News Summary

Here are the key news stories impacting VanEck Merk Gold ETF this week:

VanEck Merk Gold ETF Company Profile

(Free Report)

The VanEck Merk Gold Trust (OUNZ) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses, using gold bars and coins held in London vaults. Investors can redeem their shares for gold in increments of 1 troy oz. OUNZ was launched on May 16, 2014 and is managed by VanEck.

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Institutional Ownership by Quarter for VanEck Merk Gold ETF (NYSEARCA:OUNZ)

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