Fruth Investment Management Takes Position in ASA Gold and Precious Metals Limited $ASA

Fruth Investment Management acquired a new stake in shares of ASA Gold and Precious Metals Limited (NYSE:ASA) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 7,500 shares of the investment management company’s stock, valued at approximately $226,000.

Several other institutional investors and hedge funds have also recently modified their holdings of ASA. NBC Securities Inc. raised its position in shares of ASA Gold and Precious Metals by 128,600.0% during the 1st quarter. NBC Securities Inc. now owns 1,287 shares of the investment management company’s stock valued at $38,000 after purchasing an additional 1,286 shares during the period. Wealthcare Advisory Partners LLC bought a new stake in shares of ASA Gold and Precious Metals during the 1st quarter valued at $220,000. Atria Wealth Solutions Inc. bought a new stake in shares of ASA Gold and Precious Metals during the 1st quarter valued at $235,000. Walleye Capital LLC raised its position in shares of ASA Gold and Precious Metals by 43.4% during the 1st quarter. Walleye Capital LLC now owns 24,530 shares of the investment management company’s stock valued at $739,000 after purchasing an additional 7,419 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of ASA Gold and Precious Metals by 2.6% during the 4th quarter. Cetera Investment Advisers now owns 58,308 shares of the investment management company’s stock valued at $1,179,000 after purchasing an additional 1,500 shares during the period.

ASA Gold and Precious Metals Stock Performance

Shares of ASA stock opened at $40.77 on Friday. ASA Gold and Precious Metals Limited has a one year low of $19.25 and a one year high of $40.97. The company’s fifty day moving average price is $34.77 and its 200-day moving average price is $31.36.

Insider Activity at ASA Gold and Precious Metals

In other news, major shareholder Saba Capital Management, L.P. acquired 19,126 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The shares were purchased at an average cost of $40.34 per share, for a total transaction of $771,542.84. Following the transaction, the insider directly owned 4,310,895 shares of the company’s stock, valued at approximately $173,901,504.30. This trade represents a 0.45% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders have acquired 1,006,746 shares of company stock worth $36,123,021. 0.29% of the stock is owned by company insiders.

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.