Quadrature Capital Ltd Boosts Stake in VanEck Merk Gold ETF $OUNZ

Quadrature Capital Ltd boosted its holdings in VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) by 7.6% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 684,538 shares of the company’s stock after acquiring an additional 48,199 shares during the quarter. Quadrature Capital Ltd owned 1.16% of VanEck Merk Gold ETF worth $25,458,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Archer Investment Corp purchased a new position in shares of VanEck Merk Gold ETF during the second quarter worth about $28,000. Parallel Advisors LLC bought a new position in shares of VanEck Merk Gold ETF in the third quarter worth approximately $38,000. Brighton Jones LLC purchased a new stake in VanEck Merk Gold ETF in the third quarter valued at approximately $202,000. XTX Topco Ltd bought a new stake in VanEck Merk Gold ETF during the second quarter valued at approximately $202,000. Finally, Parsons Capital Management Inc. RI bought a new stake in VanEck Merk Gold ETF during the third quarter valued at approximately $205,000.

VanEck Merk Gold ETF Price Performance

OUNZ stock opened at $48.88 on Friday. The firm has a 50 day simple moving average of $47.43 and a two-hundred day simple moving average of $41.64. The stock has a market cap of $3.05 billion, a PE ratio of 6.97 and a beta of 0.08. VanEck Merk Gold ETF has a one year low of $28.38 and a one year high of $53.35.

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About VanEck Merk Gold ETF

(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.

See Also

Want to see what other hedge funds are holding OUNZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report).

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

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