ASA Gold and Precious Metals (NYSE:ASA) Stock Price Crosses Above Fifty Day Moving Average - Here's What Happened

ASA Gold and Precious Metals Limited (NYSE:ASA - Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $31.87 and traded as high as $32.90. ASA Gold and Precious Metals shares last traded at $32.62, with a volume of 125,992 shares trading hands.

ASA Gold and Precious Metals Stock Performance

The business's 50-day simple moving average is $31.95 and its two-hundred day simple moving average is $28.21.

Institutional Trading of ASA Gold and Precious Metals

Institutional investors and hedge funds have recently bought and sold shares of the business. Thomas J. Herzfeld Advisors Inc. purchased a new position in shares of ASA Gold and Precious Metals in the 4th quarter valued at about $255,000. Covestor Ltd increased its position in ASA Gold and Precious Metals by 17.2% during the fourth quarter. Covestor Ltd now owns 4,825 shares of the investment management company's stock worth $98,000 after purchasing an additional 707 shares during the last quarter. LaSalle St. Investment Advisors LLC increased its position in ASA Gold and Precious Metals by 47.5% during the fourth quarter. LaSalle St. Investment Advisors LLC now owns 2,014 shares of the investment management company's stock worth $41,000 after purchasing an additional 649 shares during the last quarter. Walleye Capital LLC acquired a new position in ASA Gold and Precious Metals during the fourth quarter worth approximately $346,000. Finally, Integrated Wealth Concepts LLC acquired a new position in ASA Gold and Precious Metals during the fourth quarter valued at approximately $372,000.

ASA Gold and Precious Metals Company Profile

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.